#arb #op #layer2
According to Lookonchain monitoring, the whale address that spent 500 ETH to purchase 13.6 million BALD yesterday spent another 500 ETH (approximately US$938,000) to purchase 14.45 million BALD 9 hours ago. The whale has spent a total of 1,000 ETH (approximately $1.87 million) to purchase 28 million BALD, with an average purchase price of approximately $0.067. Based on the current price of BALD, the whale has lost approximately US$340,000.
According to Lookonchain monitoring, 4 addresses spent 0.534 ETH ($1,000) to purchase 50 million BALD (accounting for 5% of the total supply) within 4 minutes after BALD started trading. Then 37 million BALD were sold for 554 ETH ($1.04 million). These 4 addresses simultaneously withdraw 0.5ETH from Bybit, cross-chain to the Base network, and purchase BALD within 4 minutes after BALD starts trading. This is most likely an insider on the project.
9 Niu reminds: Cherish your funds and stay away from local dogs. Only the project side makes money, and leeks can only be cut.