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TechFlow reports, according to lookonchain monitoring, the SimonsCat team appears to have made $2.92 million in just 5 hours by front-running $CAT.
The SimonsCat team spent 2,500 $BNB (1.46 million USD) when adding liquidity and purchasing 318.87B $CAT, paying a gas fee of 127 $BNB (74,000 USD). They then sold all 318.87B $CAT for approximately 7,639 $BNB (4.45 million USD), realizing a profit of 5,012 $BNB (2.92 million USD).
According to lookonchain monitoring, the SimonsCat team appears to have made $2.92 million in just 5 hours by front-running $CAT. The SimonsCat team spent 2,500 $BNB ($1.46 million) to add liquidity and purchased 318.87B $CAT, paying 127 $BNB ($74,000) in gas fees. They then sold all 318.87B $CAT for approximately 7,639 $BNB ($4.45 million), realizing a profit of 5,012 $BNB ($2.92 million).
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