Counterfeiting $BARRON internal account profits over $1 million, most "Whale" are in a loss state

DailyNews
SOL2,19%

PANews reported on January 21 that according to Onchain Lens’s monitoring, a fake $BARRONToken quickly reached $72 million in Market Cap, and one of the internal accounts made a profit of more than $1 million by buying low and selling high. The account bought 136.35 million $BARRONToken for 4.43 $SOL (about $1,048), and then dumped it for 4,456 $SOL (about $1.05 million). In addition, there are multiple internal accounts involved. However, most of the major players or “Whales” suffered losses in this eyewash. Earlier news, the fake Barron TrumpTokenMarket Cap had reached 72.78 million US dollars before plummeting by 99%, and the related X account has been frozen.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)