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While the meme coin craze has reignited recently, interest in the recently launched Solana-based meme coin Dogwifhat ($WIF) is growing.
At this point, while many investors made huge profits with $WIF investment, Lookonchain shared another one of these investors.
Accordingly, an investor withdrew $1 million worth of 10,038.6 Solana from Binance and immediately received $WIF.
Following the acquisition of $WIF, Binance announced that it had listed $WIF in futures and there was a huge price increase.
While this $WIF purchase attracted attention, Lookonchain also pointed out the lack of time between the investor's $WIF purchase and the Binance listing and asked, “Is this a coincidence?” He asked, implying that the investor may have received inside information.
“A new wallet withdrew 10,038.6 $SOL ($1 million) from Binance today and spent 10,036 $SOL ($1 million) to purchase 2.68 million $WIF.
Approximately 16 hours after this purchase, Binance announced that it had listed $WIF in futures!
Is this a coincidence?”
After Binance's announcement, $WIF started to rise and increased by more than 30 percent.
As you may remember, another investor recently bought $WIF worth $8.65 million, claiming that $WIF would be listed on Binance. The identity of this person or whether it is the same person as the investor receiving $WIF today is unknown.
*This is not investment advice.