A Whale Wallet Linked to Fraudulent Initial Coin Offering (ICO) Projects Has Dumped Approximately 50.22 Million Tokens, Profiting Around $8.78 Million

BlockBeats News, September 2, according to The Data Nerd monitoring, 4 hours ago, a whale address starting with 0xFAc deposited the last 5.4 million WLFI to Binance (approximately $1.35 million). By selling all 20% of the unlocked tokens (approximately 50.22 million tokens), the address has realized a profit of approximately $8.78 million, with an investment return of 226%. The address still holds 80% of locked tokens, approximately 202 million tokens.