BlockBeats news, on November 26, according to Onchain Lens monitoring analysis, there were suspected insider activities related to THE token appearing before the Binance announcement, mostly involving newly created wallets:
Wallet 1: Withdrew 200,000 USDT from Bybit 23 hours ago, purchased 918,214 THE and sold 410,218 THE, earning 433,000 USD, currently still holding 507,000 THE worth approximately 548,000 USD, with total profits reaching as high as 782,000 USD.
Wallet 2: Newly created 3 hours ago, withdrew 400 BNB (worth approximately 249,000 USD) from Binance, purchased 490,786 THE, now valued at approximately 514,000 USD, with floating profits of about 264,000 USD.
Wallet 3: Also a new wallet, withdrew 1,638 BNB (approximately 1.02 million USD) from Binance, purchasing 1,027,193 THE at an average price of 1 USD.
