TechFlow reports, according to monitoring by @ai_9684xtpa, a suspected newly created wallet address (5r2kw...Aq1Bv) has invested 20,000 SOL (approximately $4.3 million) into the Meme project PAIN's presale, accounting for 10.74% of the total funding pool.
The funds originated from a Binance withdrawal, with transaction fees paid by a smaller associated address, indicating the holder's intent to conceal their identity. Project tokens are highly concentrated: the top 5, top 10, and top 20 addresses hold 17.6%, 23.2%, and 31.87% of the supply respectively. Currently, PAIN is being quoted at $1 on Whales Market over-the-counter, though trading volume is extremely low and should only be used as a reference.
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