Deep Tide TechFlow news, on November 19, according to Lookonchain monitoring, AI16z partner Shaw announced the deployment of the new token ELIZA, after which several internal wallets exhibited suspicious trading behavior. After the ELIZA token was deployed at UTC time 06:01:41, 10 wallets purchased ELIZA tokens worth 5.2 million dollars using 2.07 SOL (approximately 503 dollars) in the same second.
A wallet address suspected by the community to belong to Logan sold a large amount of lowercase eliza before the token deployment, and then spent only 24.2 SOL (approximately 5900 dollars) to acquire 233 million ELIZA, which is currently valued at about 17.67 million dollars, becoming the largest holder.
In addition, a suspected insider wallet (ExYQ...vNw) spent only 19,000 dollars to acquire 89.19 million ELIZA, later selling 53.47 million for a profit of 1.91 million dollars, with the remaining tokens valued at 2.75 million dollars, profiting 4.66 million dollars in just a few hours, achieving a return rate of 2446 times.