Arkham: Same Address Profits Millions in TRUMP Debut & LIBRA Surge
Data on the Arkham chain shows that the address that bought $5 million worth of LIBRA earlier in the day is linked to the entity that sniped $1 million of TRUMP in the TRUMP debut block. The data shows that this entity sniped over $1 million worth of TRUMP immediately after TRUMP went live via address 6QS and transferred all of this TRUMP to address 5CP. 5CP then distributed the TRUMP to multiple addresses that sold the TRUMP at a high level at a significant profit. Notably, one of the addresses that received TRUMP from 5CP quickly bought $5 million worth of LIBRA after Argentine President Javier Milei retweeted ‘How to buy LIBRA. This series of operations suggests that the entity may have been able to sell TRUMP at a high price through precise insights and quick execution. This series of manoeuvres suggests that the entity may have profited substantially from the surge in TRUMP and LIBRA through precise insight and quick execution.
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