Successful $CULT Sniping Yields $1M Profit
12/9/2024 1:25:48 AM
According to Lookonchain, a trader used 500 ETH, valued at $1.99 million, to strategically acquire 467.64 million CULT tokens. The trader paid a bribe fee of 100 ETH, equivalent to $398,000, to ensure they were the first to purchase CULT. This maneuver has resulted in a profit of approximately $1 million. The trader has since sold 267.64 million CULT for 432 ETH, worth $1.72 million, while retaining 200 million CULT, valued at $1.32 million. (Source)
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