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Suspected insider wallets net $20M on Solana’s Focai memecoin launch

At least 15 suspected insider wallets have acquired over 60.5% of the FOCAI token supply before making an over 136,000-fold return on investment.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Suspected insider wallets net $20M on Solana’s Focai memecoin launch

At least 15 suspected insider wallets have acquired over 60.5% of the FOCAI token supply before making an over 136,000-fold return on investment.

Why this matters

This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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