According to data disclosed by SolanaFloor, a large number of insider trading activities have occurred in the Solana chain meme coin WATER, which raised more than 40 million US dollars in pre-sale. Its FDV has dropped sharply after reaching a peak of 1 billion US dollars and has now fallen back to below 30 million US dollars. CoinGecko data shows that WATER is temporarily reported at 0.0003002 US dollars, a 24-hour drop of 71.2%, and an FDV of 27,377,385 US dollars.