Harvested $10 million in the past 3 months, revealing Solana's insider address operation routine

Harvested $10 million in the past 3 months, revealing Solana's insider address operation routine
Blockbeats
Blockbeats
SOL-0.30%
USDC-0.01%
TRUMP-2.21%
Original author: @StarPlatinumSOL
Original compilation: zhouzhou, BlockBeats


Editor's note: Behind a lot of the lucrative deals on Solana, it's actually insiders. By colluding with the project party, they snapped up tokens in advance, and then shipped them at a high price, earning millions of dollars. PROJECTS SUCH AS LIBRA AND HAWK HAVE BEEN EXPOSED TO INTERNAL WALLET OPERATIONS, AND ORDINARY INVESTORS HAVE BEEN TRAPPED.


The following is the original content (the original content has been edited for ease of reading and comprehension):


I've been tracking down the internal wallet on Solana. They're making millions.


And most people don't know what's going on, and now you can see for yourself how they do it.


Why do some traders get rich so quickly? Not by luck. They know when to buy and when to sell.


You can't see their chats, but you can track their wallets. Because blockchain never lies.



The LIBRA team used its internal wallet to hack its own tokens and earned $6.65 million.


Before going live, the wallet address 0xcEAe... 06e2 transferred 1.6 million USDC, snapped up 3.77 million LIBRA, and then sold and cashed out 8.25 million USDC.


The wallet also transfers money to Dave Portnoy, connecting it directly to the LIBRA team



Now take a look at this Solana wallet: 3JPYL9xEPFjefV3tccrUwhLzME1mMq2dQSDeDebgzQi6


After trading 229 tokens, it made a profit of +$1.35 million.


Representative actions include: TRUMP, jailstool, and WHISP.



Let's look at another example of a Solana wallet: CdFHmaj37EtjgRqvyt6vZqoA9tuMSvKLSmbgpuV6ejaP


After trading 695 tokens, he made a profit of over $1.01 million.


Representative results include: MLG, arc, and SPOR.



Remember that token from Andrew Tate?


When it went live, insiders bought 30%.


Before Tate tweeted, 11 wallets deposited through Binance had already grabbed 20%.


In the end, the price plummeted, and all the orders were trapped.



Hawk Tuah Girl was also cheated by insiders of its own token, HAWK.


The team behind it allowed the internal wallet to grab a large number of tokens,


In the end, she was put on the table, and her reputation was damaged.



Insiders tend to have direct contact with developers, so keeping an eye on them may be your advantage.


Keeping track of their movements will help you detect market trends earlier. Quite a few people believe that this is one of the best ways to make money in the crypto world, but at the same time, it comes with great risks.



CASES LIKE LIBRA AND MELANIA ILLUSTRATE THAT THE MARKET IS BEING MANIPULATED BY INSIDERS.


If the list of wallets and addresses involved is completely exposed, everything could be rewritten.


Could this be the end of the Insider's era? I don't think so.



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