An individual with a suspected insider address accumulated Meme coin at a low point and started selling, realizing approximately $374,000 in profits.

BlockBeats News, July 5th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), a suspected insider address accumulated a position at the low point when CZ's market value was only about $150,000, and has now started to sell.

According to on-chain data monitoring, the address 0xf34…fddee spent only $756.8 yesterday to buy 5.108 million CZ tokens, with a purchase cost of about $0.0001481 per token. 10 minutes ago, the address sold 25% of the holdings at a price of $0.06853, realizing a profit of about $87,000.

Currently, the address has accumulated a total profit of about $374,000, including unrealized gains, with a staggering return rate of 49,421.1%.