ChainCatcher message, according to Lookonchain monitoring, the GxkX...W2Yg address sold a large amount of eliza before the deployment of ELIZA, spending only 24.2 SOL (approximately $5,900) to buy 233.12 million ELIZA (currently valued at $17.67 million), becoming the largest holder of ELIZA.
GxkX...W2Yg is suspected by the community to be the wallet of ai16z partner Logan (@futjr_).
In response, ai16z co-founder Shaw said on social media, yes, so he bought the wrong token, thinking it was our partner's token. When I told him there was no token yet, he sold it. This is not insider trading at all.