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Parallel

@parallelalpha

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An Insider Earned 11,229 SOL by Trading HULK and GUNIT in 2 Days An insider made 11,229 SOL (about 1.69 million USD) by trading HULK and GUNIT within 2 days, at a cost of only 23 SOL (3,300 USD). Moving on, this insider bought 366 million GUNIT (Real Nigga 50) 8 hours ago through multiple addresses for just 16 SOL ($2,100). He then immediately sold it all for 5,491.5 SOL (about $721,900 USD). Earned 5,475.5 SOL (about 719,800 USD) and increased income 343 times. 15 days ago, insiders bought 190.2 million HULK (HULKAMANIA) through multiple addresses for only 7.1 SOL (about 1,200 USD). He then immediately sold it all for 5,760.7 SOL (974,200 USD). Earned 5,753.6 SOL (about 973,000 USD), an increase of 810 times. The insider then transferred most of the profits to wallet "4uh969...5sBV9i" and transferred 3,070 SOL to Kraken.
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Bitcoin miners are treading water, but no alarms of a 'total firesale' The rising operational costs and lower rewards are taking its toll on Bitcoin miners but it isn’t at catastrophic levels by any means, according to a cryptocurrency analyst. “We are in a period of hash ribbon inversion, and blocks are coming in about 14 seconds slower than they should do. hat tells you that there is less hash rate online, blocks are being found slightly slower,” Glassnode lead analyst James Check aka “Checkmatey” said in a June 21 X video. “About 5% of mining hashrate is struggling about the moment,” Check explained, referring to the amount of processing and computing power being given to the network through mining. Check claims that “5% isn’t enormous” and it is likely that Bitcoin miners are “likely” to be distributing some of their holdings, but it doesn’t appear to be a “complete and total firesale.”
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