According to EmberCN, LIBRA insider traders have profited at least 20.18 million through LIBRA. The address operated as follows: In the hours before the tweet was published, they withdrew USDC and SOL as preparation funds through CEXs like Binance, Bybit, and Kucoin; they sniped to buy in the first second of the Argentine president's tweet being published; and sold everything in batches after the market pumped LIBRA. At least three addresses acted in unison.

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Since the start, Jupiter has always placed a massive premium on transparency. The memecoin launch game is a dirty game with plenty of ugly behavior. We, however, have nothing to hide.