nick
@nickysap
I hate to say it but the Solana trenches are rinsed. The $pop wallet that FSH'd ~$22k was slowly selling over the past 24 hours after receiving multitudinous inbound transfers of the token from a number of accounts, all in denominations equivalent to roughly $950. This is a typical strategy to obfuscate the source of funds (Slerf tools has easy to use and cheap functions for this). The wallet never made a purchase of the actual token, it only received the tokens for free. It got impatient and dumped everything it held. Over the course it was more than 35% of the total supply of the token.
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Hogan Prison no 619
@hoganthereformed
Sorry but what’s FSH’d? Thanks for the breakdown
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TheModestThief
@thief
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