PANews, September 5: According to Lookonchain monitoring, after Shivon Zilis shared a post containing the $SLINK contract address and Elon Musk replied, the market cap of $SLINK surged to $80 million. Shortly afterward, Shivon Zilis deleted the post, causing $SLINK to plummet over 80%. Many traders suffered losses, while more than 30 internal wallets had bought in advance and quickly sold, profiting over $4.7 million with returns exceeding 1,200x.
Over 30 $SLINK internal wallets have earned over $4.7M, yielding a 1,200x return.
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Summary
Over 30 internal $SLINK wallets earned more than $4.7 million, with returns exceeding 1,200x. The surge followed $SLINK’s market cap rising to $80 million after a post by Shivon Zilis and a reply from Elon Musk. Altcoins under observation experienced sharp volatility as the token plummeted 80% after the post was removed. The Fear & Greed Index remains a key indicator for traders monitoring such rapid fluctuations.
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