Crypto
GOLD Token Team Sells $330K Worth of Tokens on Solana
Newly created wallets linked to the GOLD token team sold 224.5 million tokens on August 29 for approximately $330,000 in Solana (SOL), according to a report by Lookonchain.
The sale reportedly generated a profit of around $312,000, indicating that the sellers made a significant gain from their holdings.
The transaction was notable because it involved a large number of tokens being sold at once, raising questions about concentration and disclosure in the market.