Hulk Hogan, the American wrestler and multiple-time WWE champion, posted a tweet about a memecoin named HULK earlier today, sparking accusations of insider trading. He then deleted all related content, causing HULK to plummet by over 85% in 15 minutes.

Data reveals that before Hogan's tweet, an insider/early buyer spent only 7.1 SOL ($1.2k) to buy 190.2 million HULK (19% of the total supply) using four new wallets.

In 3 hours, the same insider sold everything before Hogan deleted his tweets, causing the price to crash by 85%. This insider earned 5,753.6 SOL ($978k), achieving an 812x profit.