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ASTEROID issuer has sold off the majority of their holdings, profiting approximately $628,000

2026.08.01 - 13:50
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TechFlow news, August 1, according to Lookonchain monitoring, after a former BNB Chain employee deployed the Meme coin ASTEROID, they purchased 796.7 million ASTEROID tokens through 4 newly created wallets for approximately $10,000, accounting for 79.67% of the total token supply.

Subsequently, the address has sold 718.8 million ASTEROID tokens, receiving a total of 1,103 BNB, valued at approximately $638,000, with a profit of approximately $628,000.

Previously, BNB Chain officially stated that a former employee used the original official test wallet to deploy ASTEROID without authorization, and has taken legal action regarding this matter.

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