Solana’s SOL Gains 8% Amid Insider’s $153K Minette Windfall

• Insider gains $153K from Minette tokens in 15 hours.
• Solana ups by 8% as Bull Bear Power signals bullish market control.
• SOL nears $159 resistance as bullish trend eyes the $176.12 barrier.

An insider achieved remarkable gains in just 15 hours, turning a modest initial investment of 3.89 $SOL ($600) into 999 $SOL ($153.56K). This swift increase was facilitated by withdrawing 3.89 $SOL from Binance and then spending 2.89 $SOL ($445) to buy 2.46 billion Minette tokens. 

Starting at 3.89 $SOL($600), the insider turned it to 999 $SOL($153.56K) in just 15 hours and has $2.5M in unrealized profits.

He withdrew 3.89 $SOL($600) from #Binance and spent 2.89 $SOL($445) to buy 2.46B #Minette at the same block where the developer added liquidity.

Then… pic.twitter.com/daxXb6h59P

— Lookonchain (@lookonchain) May 10, 2024

According to Lookonchain, this transaction occurred in the same block where the developer added liquidity. The insider subsequently sold 1.04 billion Minette tokens for 998.7 $SOL ($153K), leaving them with a remaining 1.42 billion Minette tokens, currently valued at approximately $2.5 million in unrealized gains.

However, Minette’s rapid ascent c…

The post Solana’s SOL Gains 8% Amid Insider’s $153K Minette Windfall appeared first on Coin Edition.