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A suspected insider address bought Meme coin CZ at a low point and then started selling, accumulating a profit of approximately $374k.
BlockBeats message, July 5. According to on-chain analyst Ai Yi (@ai_9684xtpa) monitoring, a suspected insider address began accumulating at the low point when CZ’s market value was only about $150,000, and has now started selling.
According to on-chain data monitoring, address 0xf34…fddee yesterday spent only $756.8 to buy 5.108 million CZ, with a purchase cost of approximately $0.0001481. Ten minutes ago, the address sold 25% of its holdings at a price of $0.06853, earning a profit of about $87,000.
Currently, the address has accumulated profits of about $374,000, including unrealized gains, with a return rate as high as 49,421.1%.