Foresight News reports that according to Ember monitoring, within 1 minute after Binance announced the listing of VELO, a certain address rapidly purchased 2.45 million VELO at a price of $0.159, investing approximately $390,000 (about 100 ETH) in total. Subsequently, the price of VELO quickly doubled, and the market value of that address's holdings grew to about $820,000.
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A certain address made over $400,000 in profit after buying VELO for $390,000 within 1 minute of Binance's announcement.
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