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An insider crashed the price of meme token SHARPEI by 96% in a single transaction, selling half of the total meme coin issue. The trader spent 5,710 SOL ($948,000) from 16 addresses to buy 665.6 million SHAR (66.56% of the total supply), spreading it across more than 100 wallets. He then sold 500 million SHAR in one transaction for 19,620 SOL ($3.38 million), earning 13,910 SOL ($2.4 million). Another trader lost 2,481 SOL ($429,000) due to the collapse of the exchange rate.
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