A certain address spent 526 ETH to purchase 803 million BLLB, and some of the addresses have now been sold

Bitget2023/12/30 08:40

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According to on-chain analyst @ai_9684xtpa, the address 0x39E...F70aA completed its first BLLB transaction through BananaGunBot yesterday afternoon. It spent 526 ETH (purchase cost was 99 ETH, bribe was 427 ETH) to buy 803 million BLLB at a cost of $0.00151 each; it then distributed between seven and nine million tokens in batches to a hundred addresses, some of which have already been sold.

Considering that there are too many addresses to conveniently calculate costs, but since this address did not sell immediately after going live (the earliest sale was around six o'clock in the afternoon), BLLB has fallen by 31% in the past 24 hours and is likely to end up losing money.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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