What happened to $eliza and $ELIZA? - Lookonchain - Looking for smartmoney onchain

What happened to $eliza and $ELIZA?

Lookonchain

/2024.12.09 18:08:58

AI16z partner @shawmakesmagic tweeted that they freed $eliza and deployed a new token called $ELIZA!Many insiders bought a massive amount of $ELIZA and dumped it!

AI16z partner @shawmakesmagic tweeted that they freed $eliza and deployed a new token called $ELIZA!

Many insiders bought a massive amount of $ELIZA and dumped it!

Let's dive in!👇

Wallet"FEbv...4ZcW" deployed $ELIZA at 06:01:41 UTC.
Someone created 10 wallets and used them to buy 69.05M $ELIZA($5.2M currently) with 2.07 $SOL($503) at the same second the token was deployed.
The 69.05M $ELIZA has been transferred to new wallets and has not been sold.

GxkX...W2Yg is suspected by the community to be Logan(@futjr_)'s wallet.
GxkX...W2Yg sold a large amount of $eliza before $ELIZA was deployed and spent only 24.2 $SOL($5.9K) to buy 233.12M $ELIZA($17.67M currently), becoming the largest holder of $ELIZA.
https://solscan.io/account/GxkXGe3YcqBdEgBrBh19X3wkLkgJXK2jA4k4nioW2Yg#transfers

And GxkX...W2Yg is associated with the $ELIZA deployer FEbv...4ZcW.

Before Shaw(@shawmakesmagic) announced $ELIZA in Discord, many addresses bought $ELIZA, likely insider addresses.
These insider addresses are dumping tokens in large quantities to retail investors.

Insider "ExYQ...vNw" spent 7.84 $SOL($1.9K) to buy 89.19M $ELIZA, and sold 53.47M $ELIZA for 7,865 $SOL($1.91M), leaving 35.72M $ELIZA($2.75M).
This insider made $4.66M in just a few hours, a 2,446x return!

https://solscan.io/account/ExYQvnqWuVNEBkgQTTSrtE5fuub84c366zZ5dvhgivNw

Relevant content

BNB Chain Launches Meme Solution as Solution Offering Expansion

20 Jan, 2025 – BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain by daily transactions, has announced its latest offering: the MEME Solution. Designed to lower barriers to token creation, this end-to-end platform empowers creators, developers, and businesses to launch their own memecoins with ease.

BNB Chain/2025.01.21

Meme TRUMP MELANIA BNBChain

A trader lost $73.9K trading memecoins in just 3 minutes — a lesson for us all!

This trader lost $73.9K trading #memecoins in just 3 minutes!He made common mistakes that many traders fall into — a lesson for us all.

Lookonchain/2024.12.13Original

memecoins lesson rich

Let’s learn about the story of $ACT!

Today, #Binance listed $ACT at a $20M market cap, causing the price of $ACT to surge 20x within hours!What is $ACT?Let’s learn about the story of $ACT!

Lookonchain/2024.12.09Original

ACT AI MEME

Mastering the Art of Selling: A Take-Profit System That Works

Most traders lose not from bad picks but from poor exits. This thread outlines a structured take-profit system using DCA entries, real-time analysis, partial exits, and emotionless execution. It emphasizes adaptability, risk management, and chart awareness — helping traders turn gains into lasting profits while avoiding panic, greed, and regret.

Atlas/2025.05.23

CryptoTrading TradingStrategy DCA

$200M Drained from Cetus Protocol on Sui Network in Oracle Exploit

Cetus Protocol, the largest LP on Sui Network, was exploited due to an oracle bug, draining over $200M in liquidity. The attacker is converting stolen funds to ETH via Tornado Cash. Sui Network remains unaffected; the issue is isolated to Cetus. The team is working with Mysten Labs to resolve the problem.

StarPlatinum/2025.05.22

SUI CetusProtocol Exploit OracleBug

Why Altcoins Pump (or Dump) on Just $500K: It’s Not Market Cap, It’s Liquidity

Altcoins don’t need billions to pump—just thin liquidity. A $10M market cap coin can 2x with $500K of buy pressure and crash with just $200K of sells. This thread breaks down the role of liquidity vs. market cap, why FDV and unlocks matter, and how smart traders exploit low float tokens for explosive gains.

cyclop/2025.05.19

Altcoins Liquidity CryptoEducation