Millions of DADDY tokens are sold by an insider for a large profit.

Millions of DADDY tokens are sold by an insider for a large profit.

At a price of 11,752 SOL, an insider is said to have sold 15.14 million DADDY tokens, even though their initial investment was less than $2,000. Before the CTO of DaddyTate’s initial article, the insider only needed to spend 13.2 SOL, or $1950, to buy 29.8 million DADDY tokens using three wallets.

After then, some of these tokens were sold, while the majority were transferred several times using other addresses. In the end, these tokens were placed in an address that started with DpL2Tm. The substantial profit obtained from this deal emphasises how erratic the cryptocurrency market can be and how insiders may stand to win a lot of money.

SOURCE : BINANCE NEWS

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