Suspected insider trader made over $2.27 million by opening positions in both directions.

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ME News: April 25 (UTC+8), according to Onchain Lens monitoring, as APE surged over 110% in a short period, a suspected insider trader profited over $2.27 million by simultaneously opening long and short positions. On-chain data shows that the address initially deposited 75 ETH (about $174k) as margin to open both long and short APE positions, then bought 1,027 ETH (about $2.37 million) on HyperLiquid and withdrew it. Additionally, it bought another 26 ETH on-chain, totaling 1,053 ETH purchased, and ultimately realized a profit of 978 ETH, worth approximately $2.27 million. The operation's precise timing and abnormal returns have sparked widespread community suspicion of insider trading. (Source: ChainCatcher)
APE3.70%
ETH0.46%
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