CoinVoice has recently learned that, according to Onchain Lens monitoring, suspicious insider activities related to THE token appeared before Binance's announcement, mostly involving newly created wallets:
1. Wallet 1: 23 hours ago withdrew 200,000 USDT from Bybit, purchased 918,214 THE and sold 410,218 THE, earning 433,000 USD, currently still holding 507,000 THE, worth approximately 548,000 USD, total profit as high as 782,000 USD.
2. Wallet 2: Newly created 3 hours ago, withdrew 400 BNB (worth approximately 249,000 USD) from Binance, purchased 490,786 THE, currently worth approximately 514,000 USD, with a floating profit of about 264,000 USD.
3. Wallet 3: Also a new wallet, withdrew 1,638 BNB (approximately 1.02 million USD) from Binance, purchased 1,027,193 THE at an average price of 1 USD.
Although it cannot be confirmed whether it is insider trading, the purchase scale is huge and may be related to the airdrop plan. [Original link]
