Content
@
https://warpcast.com/~/channel/cryptofamily
0 reply
0 recast
0 reaction
Cherry Carry 🎩
@cherrycarry
Last week, Ross Ulbricht's Solana donation address received 50% of the total ROSS memcoin supply from the developer, totaling over $12 million. On January 30, Ross Ulbricht accidentally zeroed out the memcoin price while trying to replenish the asset's liquidity pool on decentralized exchange Raydium. MEV Bot bought up the incoming 35% supply of ROSS memcoins and sold them all out for a profit of over $600000, causing the memcoin's price to collapse by nearly 90%. Ross Ulbricht still holds about 10% of the original supply of memcoins correctly added to Raydium Concentrated Liquidity at a separate address for about $200000. Arkham experts commented that it remains unclear whether Ulbricht himself controls the memcoin cryptocurrency wallets. If so, this could be a "sad wake-up call," as it means that during his eleven years in prison, Ulbricht may have lost the skills to effectively manage a trading environment that is not at all familiar to him in its current form.
4 replies
0 recast
27 reactions
Maxa
@maxave
It will be unfortunate if management ends up in the hands of someone who is unfamiliar with the current trading environment 202 $DEGEN
1 reply
0 recast
1 reaction
angelina🎩
@angelina15
Thank you very much for the information) it is surprising to me that it is still unknown who owns memcoin wallets😅 520 $DEGEN
1 reply
0 recast
1 reaction
tanyaq🎩
@tanyaq
Omg
0 reply
0 recast
1 reaction
Tana🎩🖼️🔵🎭🧔🏻
@tanata
14 👏 Time will tell what happens next, there is nothing stable in the crypt.
0 reply
0 recast
0 reaction
