Altcoin’s Market Cap Crashed: How Did Wallets Make More Than $385,000 in Profit?

Lookonchain reported that multiple wallets that bought KIMCHI at low prices sold for profits of more than $385,000.

KIMCHI’s market cap rose to $14 million in a short time before falling by more than 95%.

KIMCHI post deleted, repost taken down

According to Lookonchain, the @kimchi1x account posted about the token after receiving 500 million KIMCHI. @a1lon9 reposted the post but later took it down, and @kimchi1x also deleted its post.

Not investment advice.