Bubblemaps has disclosed suspected insider trading involving the Solana-based token KINS. The address 49UUeT purchased 4.7% of the total supply at $127 just two minutes before the contract announcement, and this position is now valued at $600,000. KINS is the native token of Kintara, a game on Solana, which launched on May 22 and briefly reached a market cap of $15 million, attracting attention from Ansem.
Bubblemaps Reveals Suspected Insider Trading in KINS Token Worth $600,000
AiCoinShare
Summary
Bubblemaps has flagged potential insider trading in the KINS token around the time of its token launch announcement. According to AiCoin, a wallet address, 49UUeT, purchased 4.7% of the token supply at $127, just two minutes before the contract was publicly disclosed. The position is now valued at over $600,000. KINS is the native token of Kintara, a Solana-based game that reached a $15 million market cap following its token listing on May 22. The project has attracted attention from Ansem.
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