Data: An insider sold 500 million SHAR 4 hours ago, making a profit of 2.4 million dollars

ChainCatcher news, according to Lookonchain monitoring, an insider sold 500 million SHAR (50% of the total supply) in a single transaction for 19,620 SOL (3.38 million USD), causing the SHAR price to plummet by 96%.

The insider used 5,710 SOL (948,000 USD) to buy 665.6 million SHAR (66.56% of the total supply) across 16 wallets, distributing it to over 100 wallets.

4 hours ago, they aggregated 500 million SHAR from 104 wallets and sold it all at once, profiting 13,910 SOL (2.4 million USD).