TechFlow reports, according to Lookonchain data, an insider trader made a profit of 999 SOL (approximately $153,000) within just 15 hours, with an additional $2.5 million in unrealized profits.
The trader withdrew 3.89 SOL ($600) from Binance and spent 2.89 SOL ($445) to purchase 2.46B Minette in the same block that the developer added liquidity. He then sold 1.04B Minette for 998.7 SOL ($153,000), leaving him with 1.42B Minette currently worth $2.5 million.
Warning: The VibeCat (Minette) developer has not burned the LP tokens, posing a potential rug-pull risk.
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