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

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ME News reports, on April 25 (UTC+8), according to Onchain Lens monitoring, as APE surged over 110% in a short time, 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, opened both long and short positions in APE, then bought 1,027 ETH (about $2.37 million) on the HyperLiquid platform and completed withdrawal. In addition, it bought an additional 26 ETH on-chain, totaling 1,053 ETH purchased, ultimately achieving a profit of 978 ETH, worth about $2.27 million. Due to the precise timing and abnormal returns, the operation has sparked widespread community suspicion of insider trading. (Source: ChainCatcher)
APE3.47%
ETH2.23%
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WorkWithYouStudio
· 12h ago
Just go for it 👊
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