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lookonchain
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A green reptile called $GLONK launched on both http://Pump.fun and http://Letsbonk.fun—sparking a memecoin civil war between platforms.
1/ Let's take a look at what happened on-chain.🧵
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May 14 Update: 10 #Bitcoin ETFs NetFlow: -915 $BTC(-$95.12M)🔴 #Fidelity outflows 873 $BTC($90.69M) and currently holds 198,247 $BTC($20.6B). 9 #Ethereum ETFs NetFlow: -1,979 $ETH($5.15M) 🔴 #Grayscale(ETHE) outflows 3,983 $ETH($10.35M) and currently holds 1,129,089 $ETH($2.94B).
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May 14 Update: 10 #Bitcoin ETFs NetFlow: -915 $BTC(-$95.12M)🔴 #Fidelity outflows 873 $BTC($90.69M) and currently holds 198,247 $BTC($20.6B). 9 #Ethereum ETFs NetFlow: -1,979 $ETH($5.15M) 🔴 #Grayscale(ETHE) outflows 3,983 $ETH($10.35M) and currently holds 1,129,089 $ETH($2.94B). https://x.com/lookonchain/status/1922332671021322269
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A whale sold 341,783 $TRUMP($4.39M) at a loss of $446K, then spent 8,908 $SOL($1.59M) to buy 9.37M $LAUNCHCOIN. https://solscan.io/account/CHLu2GQ6x8utv3pjhDeNCMYYQLCxqQNPEeNwK3cjzks1#transfers
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A whale sold 341,783 $TRUMP($4.39M) at a loss of $446K, then spent 8,908 $SOL($1.59M) to buy 9.37M $LAUNCHCOIN. https://solscan.io/account/CHLu2GQ6x8utv3pjhDeNCMYYQLCxqQNPEeNwK3cjzks1#transfers
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This guy turned $9,075 into $4.7M—a 515x return. Legend! 😱 A month ago, he spent $9,075 to buy 20.3M $LAUNCHCOIN, which is now worth $4.7M. He can retire early now. https://gmgn.ai/sol/address/lookonchain_CiffG2xsYSnPcbD9XE6ufj8yMDpeUkd9HmaQWxvuvCmA
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