Suspected insider trader spent around 20 SOL to buy 1.57 billion OMNI yesterday, which has now appreciated 3000 times.

BlockBeats reported on December 23rd that according to on-chain data analyst Yu Jin's monitoring, within one minute of the creation of liquidity for the Meme token OMNI on Orca yesterday afternoon, an alleged insider address spent 20.36 SOL (approximately $1,954) to buy 1.57 billion OMNI tokens (15% of the total supply on the SOL chain). Subsequently, the liquidity of OMNI was removed from Orca and migrated to Raydium. The OMNI tokens purchased with 20.36 SOL are currently worth 60,000 SOL (approximately $5.7 million), an increase of nearly 3,000 times.