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Insider Nets $978K Trading $HULK Causes 85% Price Drop
Jun 7, 2024
< 1 min read
by Coinpedia
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The post Insider Nets $978K Trading $HULK Causes 85% Price Drop appeared first on Coinpedia Fintech News
An insider made a staggering 812x gain by trading $HULK, netting 5,753.6 $SOL ($978K) in just three hours. The trader spent only 7.1 $SOL ($1.2K) to buy 190.2 million $HULK (19% of the total supply) using four new wallets, then sold all for 5,760.7 $SOL ($979K). This massive sell-off caused the $HULK price to plummet by over 85%.
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