In a significant turn of events, an insider on $VINE has made a floating profit of over $12.5 million. As shown by Onchain Lens, one insider paid 18.48 $SOL, or $4,582, to take control of 66.98 million $VINE coins. After that, the insider exchanged 14.67 million $VINE coins and got 879 $SOL, making a total of $219,445. In a single wallet, the insider showed they could find and profit from market trends.
Insider Holds $12.2M in $VINE, Signals Strong Market Potential
Along with these sales, the insider keeps 65.52 million $VINE in several other wallets. Right now, those investments are valued at over $12.2 million. The large amount he holds has made people in crypto take notice and wonder what this means for $VINE’s future.
The data shows that just how fast these trades are taking place in the world of crypto. In addition, it proves how insiders generate substantial profits by choosing the right moments to enter and exit their trades. In the entire cryptocurrency market, traders regularly make moves like these one after the other.
Insider Moves Stir Market, $VINE’s Price Under Close Watch
Currently, everyone looking at the market is watching how $VINE’s prices change. It is also equally important to watch $VINE closely, because its price keeps changing.
Lastly, this case shows how information from an insider can move the trading market. Onchain Lens supplies important information about how money moves to keep analyzing crypto trends.