Suspected insider made $2.86 million profit on KEKIUS within 18 days, with a return rate of 1700 times.

According to Spot On Chain, a trader (possibly an insider) made a profit of 2.86 million US dollars on KEKIUS in just 18 days, with a return rate of 1,700 times. Trader "0x3b7" spent 0.5 ETH ($1,963) to purchase 35.58 million KEKIUS on December 14, 2024, and then: • Sold 10.13 million at 4.91 ETH on December 16. • Sold 25.26 million coins for 843 ETH (2.83 million USD) in the past two days, causing a 4300% surge due to Elon Musk's renaming of X to "Kekius Maximus". Please note that the last sale was before today's 75% plunge after Elon Musk withdrew the change. The trader netted about 850 ETH (2.86 million US dollars).