Analysis: The LIBRA team is suspected of using three internal wallets to buy $1.6 million of LIBRA, making a profit of $6.65 million

PA一线｜2025-02-17 16:52

PANews reported on February 17 that according to Lookonchain monitoring, the LIBRA team allegedly used three internal wallets to snap up their own tokens, making a profit of about $6.65 million. A few hours before LIBRA went online, the wallet address "0xcEAe...06e2" bridged $1.6 million USDC to three Solana wallets through Avalanche, snapped up 3.77 million LIBRA tokens, and then quickly sold them, selling $8.25 million USDC and making a net profit of $6.65 million.

In addition, the wallet was also found to bridge USDC from Avalanche to Solana to compensate Dave Portnoy, so it is speculated that "0xcEAe...06e2" may belong to the LIBRA team.

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Author ：PA一线
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