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Suspected insiders make at least $20.18 million by trading LIBRA

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Reprinted from panewslab

02/15/2025·3M

PANews reported on February 15 that according to on-chain analyst Ember Monitor, insider suspected of the Meme token $LIBRA issued by the Argentine president made at least $20.18 million profit through $LIBRA.

  • In the few hours before the tweet was posted, USDC and SOL were proposed through CEXs such as Binance, Bybit, Kucoin;
  • Sniper buy in the first second of the Argentine president’s tweet;
  • $LIBRA was raised in the market and sold all in batches.

At least 3 addresses have the same operation:

  1. 1 million USDC purchased 3.34 million LIBRA and sold for a profit of $8.58 million;
  2. 1.1 million USDC Purchase 5.1 million LIBRA and sell it for a profit of $6.45 million;
  3. 500,000 USDC purchased 1.97 million LIBRA and sold it to make a profit of $5.15 million.

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