RIPETH creator made just under $10,000 in profit and no longer holds the token
According to the monitor, the address that created RIPETH started withdrawing SOLs from cex and pledging them 9 days ago, withdrawing a total of 206,111 SOLs (about $36 million). 8 days ago, the address created RIPETH and may not have initially thought to promote the meme in a big way. 4 hours ago, investors started buying RIPETH, and the whale address quickly noticed the rise in RIPETH and withdrew 200 SOLs from CoinSafe to buy RIPETH. the buy was also seen by the community, but the address quickly sold for a profit of 85 SOLs (~$14,500,000), and his purchase was seen by the community. 14,500 USD), and his sale also caused RIPETH to plummet. Since then, the address had spent 50 SOL to buy RIPETH again and quickly sold it for 19.8 SOL, losing only 30.2 SOL (~$5,100). Currently, the address no longer holds RIPETH.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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