A certain address spent 40,000 USD to "snipe" the Jesse token launch, making a profit of about 1 million USD

The founder of WTF Academy, 0xAA, disclosed that the jesse token issued by Base co-founder Jesse was targeted by "scientists" at launch. A certain address purchased 7.6% of the total jesse tokens with 67 ETH, making it the first address to buy jesse tokens, with Gas fees alone amounting to 40,000 USD.

The average cost of their holdings corresponds to a market value of 2.4 million USD, and they subsequently completed the sale of their holdings when the market value of jesse tokens exceeded 10 million USD, making a profit of approximately 1 million USD.