PANews November 26 news, according to Onchain Lens monitoring, there were suspected insider activities related to the $THE token before the Binance announcement, mostly involving newly created wallets:
1. Wallet 1 (Address: 0x123c1d309940a1f811445fa2efdd7dedfea686bf): Withdrew $200,000 $USDT from #Bybit 23 hours ago, purchased 918,214 $THE and sold 410,218 $THE for a profit of $433,000. Currently holding 507,000 $THE, worth approximately $548,000, with a total profit of up to $782,000.
2. Wallet 2 (Address: 0xc6ebc9f4e2b13f462b82ee8a6128ba1eba5d4f35): Newly created 3 hours ago, withdrew 400 $BNB (worth about $249,000) from #Binance, purchased 490,786 $THE, currently valued at about $514,000, with a floating profit of approximately $264,000.
3. Wallet 3 (Address: 0xad9663b6dae2703da64f852bbbec2c3e27dd5391): Also a new wallet, withdrew 1,638 $BNB (approximately $1.02 million) from #Binance at an average price of $1 to purchase 1,027,193 $THE. While it cannot be confirmed whether this is insider trading, the scale of the purchase is huge and may be related to an airdrop plan.
