Suspected internal personnel profited $3.4 million through high-priced arbitrage

According to Hash Link, Lookonchain reported that a suspected insider purchased 1.89 million YZY for $450,000 USDC through two wallets, and then sold 1.59 million YZY at a price of $2.12, exchanging for $3.37 million USDC. Currently, they still hold 303,000 YZY (approximately $510,000), with a total profit of $3.4 million and a return on investment of 760%. One of the wallets paid a fee of 129 SOL (approximately $24,000) for priority trading.