A recent analysis conducted by blockchain firm Lookonchain has brought to light a suspicious cryptocurrency trade, prompting concerns of possible insider trading. The trade, which occurred over a mere five-hour window saw an individual transform an initial investment of $49,000 into a $2 million.
Initially the trader withdrew $49,000 worth of Solana (SOL) cryptocurrency from the exchange platform Binance. Subsequently, the entirety of the SOL was utilized to procure 261.4 million tokens of another cryptoc…
The post Mysterious SOL Trade Raises Insider Trading Suspicions: Lookonchain appeared first on Coin Edition.
A recent analysis conducted by blockchain firm Lookonchain has brought to light a suspicious cryptocurrency trade, prompting concerns of possible insider trading. The trade, which occurred over a mere five-hour window saw an individual transform an initial investment of $49,000 into a $2 million.
Initially the trader withdrew $49,000 worth of Solana (SOL) cryptocurrency from the exchange platform Binance. Subsequently, the entirety of the SOL was utilized to procure 261.4 million tokens of another cryptoc…
The post Mysterious SOL Trade Raises Insider Trading Suspicions: Lookonchain appeared first on Coin Edition.