Fifteen newly created wallets linked to the GOLD team sold their entire holdings of 224.5 million GOLD, receiving 3,178 SOL worth about $330,000, according to on-chain monitoring cited on August 29. The sales generated an estimated profit of $312,000 and a 17x return.
The wallet activity has been flagged as a rug pull tied to the project, with all 15 associated addresses exiting their positions.
15 Team-Linked Wallets Sell 224.5 Million GOLD in Suspected Rug Pull
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