Fake internal accounts of $BARRON made over $1 million in profit, and most of the “giant whales” were in the red
Editor
4 hours ago 3,967
Share to:
Golden Finance reported that on January 21, according to Onchain Lens monitoring, a counterfeit $BARRON token quickly reached a market value of US$72 million, and one of the internal accounts made more than US$1 million in profits by buying low and selling high. The account purchased 136.35 million $BARRON tokens at 4.43 $SOL (approximately $1,048) and later sold them at 4,456 $SOL (approximately $1.05 million). Additionally, multiple internal accounts were involved. However, most of the major players or “whales” suffered losses in this scam.
According to previous news, the market value of counterfeit Barron Trump tokens once reached US$72.78 million and then plummeted 99%, and the related X account has been frozen.