Blog

Home News Bubblemaps: Top 5 STBL Traders Suspected of Collusion, Total Profits Exceed $10 Million

Bubblemaps: Top 5 STBL Traders Suspected of Collusion, Total Profits Exceed $10 Million

BlockBeats News, September 18th, according to the blockchain analytics platform Bubblemaps, the top five traders by volume of the new token STBL, launched by Tether co-founder Reeve Collins, have a relationship and have collectively made over $10 million in profit. The top five profitable traders of STBL received funding support at exactly the same time, 1 year and 187 days ago, from a fund source obtained through Tornado Cash, and then borrowed USDC from the Venus Protocol using a bot, with a total profit exceeding $10 million.

Bubblemaps stated that there is currently no evidence to suggest that these traders are related to the core team, and this bot organization has previously profited from other tokens.

Related articles