While the meme coin craze has reignited recently, interest in the recently launched Solana-based meme coin Dogwifhat (WIF) is growing.
At this point, while many investors made huge profits with WIF investment, Lookonchain shared another one of these investors.
Accordingly, an investor withdrew $1 million worth of 10,038.6 Solana from Binance and immediately received WIF.
Following the acquisition of WIF, Binance announced that it had listed WIF in futures and there was a huge price increase.
While this WIF purchase attracted attention, Lookonchain also pointed out the lack of time between the investor's WIF purchase and the Binance listing and asked, “Is this a coincidence?” He asked, implying that the investor may have received inside information.
“A new wallet withdrew 10,038.6 SOL ($1 million) from Binance today and spent 10,036 SOL ($1 million) to purchase 2.68 million WIF.
Approximately 16 hours after this purchase, Binance announced that it had listed WIF in futures!
Is this a coincidence?”
After Binance's announcement, WIF started to rise and increased by more than 30 percent.
As you may remember, another investor recently bought WIF worth $8.65 million, claiming that WIF would be listed on Binance. The identity of this person or whether it is the same person as the investor receiving WIF today is unknown.
*This is not investment advice.
