PANews reported on October 17 that according to Lookonchain monitoring, a user created a new wallet address two days ago and has been withdrawing SOL from Kraken to purchase GOAT.

So far, it has spent 11,599 SOLs (US$1.79 million) to purchase 9.57 million GOATs (US$3.12 million), with a floating profit of more than US$1.3 million.