According to BlockBeats news, on November 11, Korean trader Definalist transferred 14,770 SOL ($3.03 million) from Binance to purchase Pnut and ACT. He spent 12,000 SOL ($2.46 million) to buy 9.24 million at a price of $0.266. Pnut, and spent 2,000 SOL ($410,000) to buy 2.04 million ACT at a price of $0.2.
Definalist explained its operation on social platforms, saying, “We moved a little slowly, but it was indeed legal (still within the profit range of US$1 million). Before Moodeng went public, it scanned the wallet data of “insiders” and filtered out 5 wallets, and one wallet identified today that we believe is an “insider.”
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