LADYS Whales Control 20.3% of Supply Amid Suspicious Activities
Overview of LADYS Whale Holdings
Recent blockchain analysis has highlighted the concentration of Milady Meme Coin (LADYS) among a few significant holders. Top whale addresses collectively own 180 trillion LADYS, equating to about 20.3% of the total supply. Among these, DWF Labs stands out, holding roughly 3.5% of the supply.
Blacklisted Addresses Raise Concerns
Three major wallet addresses have been blacklisted due to suspicious activities. Notably, one address, 0xAf23, was previously blacklisted by another meme coin, Pepe (PEPE). Despite restrictions, this address managed to sell tokens for a substantial profit of 52 ETH, valued at approximately $97,000.
Insider Trading Suspicions
Two additional blacklisted addresses are suspected to be involved in insider trading. Address 0x44F9 invested solely in LADYS using 9.78 ETH, while 0x3c7A similarly purchased LADYS after withdrawing 10.89 ETH from Binance.
DWF Labs' Market Movements
DWF Labs, the largest non-exchange holder, possesses about 30.7 trillion LADYS across two addresses. One of these addresses, 0xd4b6, transferred 2.2 trillion LADYS to exchanges during a price peak, which could indicate potential market manipulation. However, DWF Labs claims these transfers were for market-making purposes.
Remarkable Profits from LADYS
A notable whale, identified as 0x53e6, achieved impressive gains by converting 2.42 ETH into 8.02 trillion LADYS. This strategic investment resulted in a remarkable 216x return, turning $4,526 into $1.18 million.
Price Performance
LADYS has shown strong market performance, with its price reaching $0.0000001361, marking a 48.53% increase. Additionally, it has outpaced both Bitcoin (BTC) and Ethereum (ETH), with gains of 45.75% and 47.06%, respectively.
Readers are advised to conduct their own research and exercise caution when investing, as market dynamics can be unpredictable.
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