PANews reported on January 22nd that, according to Lookonchain monitoring, before Nasdaq-listed DeFi Dev Corp. announced the launch of its Meme coin DONT, wallet z5m3Ja spent $4,100 to purchase 29.08 billion DONT. This wallet had been inactive for three months prior to the purchase and had only traded DONT, raising suspicions of insider trading. This insider wallet has now begun selling DONT for profit, having already sold 10.6 billion DONT for $182,000, and currently holds 18.5 billion DONT (worth $955,000). Total profit: $1.13 million – a return of 276 times.
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