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An Alleged Insider Trading Address Bought Meme Coin at the Dip, Started Selling CZ, Profited Approximately $374,000

BlockBeats News, July 5th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), a suspected insider trading address accumulated its position at a low point when CZ's market value was only about $150,000, and has now started to sell off.

According to on-chain data monitoring, the address 0xf34…fddee spent only $756.8 yesterday to buy 5.108 million CZ tokens, with an average purchase price of $0.0001481. 10 minutes ago, the address sold 25% of its holdings at a price of $0.06853, realizing a profit of about $87,000.

Currently, this address has accumulated a total profit of about $374,000, including unrealized gains, with a staggering ROI of 49,421.1%.

Source: BlockBeats

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