Insider's big move! 6.34 SOL exchanged for over 600,000 USD of AGiXT, and the "arbitrage" mystery behind it was exposed!
Monitoring data showed that an insider spent 6.34 SOL (about 1,353 USD) on the pu***un platform using 2 wallets to buy 39.78 million AGiXT. After the transaction, the tokens were successfully sold for 2,806.38 SOL, equivalent to a profit of about 602,000 USD! It was simply a typical "buy low and sell high" arbitrage operation.
The trader exchanged a huge amount of 600,000 USD at a cost of 1,353 USD, earning 45 times the return almost "instantly". This operation shows that the market liquidity is extremely active, and it also exposes the efficient strategy of "insider trading".
From the market level, the price fluctuations of AGiXT provide opportunities for this type of arbitrage, and the trader completed a huge amount of funds transfer in the short term of price fluctuations, showing the ability to accurately control market fluctuations.
What do you think of this "whale operation"? Is it a market rule or an alternative arbitrage? Don't forget to leave a message below to discuss!
