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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
 

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