Suspected ELIZA insider wallet has surpassed $4.66 million
According to Lookonchain, after AI16z partner Shaw announced the deployment of the new token ELIZA, there were suspicious transactions in multiple internal wallets. After the ELIZA token was deployed at 06:01:41 UTC, 10 wallets used 2.07 SOL (about $503) to buy ELIZA tokens worth $5.20 million in the same second.
In addition, Logan's wallet address was suspected by the community to sell a large number of lowercase eliza before the token deployment, and then only spent 24.2 SOL (about $5,900) to buy 233 million ELIZAs, which are currently worth about $17.67 million.
It is worth noting that a suspected insider wallet (ExYQ... vNw) only spent $19,000 to buy 89.19 million ELIZAs, and then sold 53.47 million for a profit of $1.91 million, the remaining tokens were worth $2.75 million, and the profit was $4.66 million in just a few hours, with a return of 2446 times.