According to EmberCN monitoring, after Mubarak spot went live on CEX at 5:00 this morning, an address transferred 11 million Mubarak (1.49 million USD) into CEX. They made a profit of 1.6 million USD (+1075%) on Mubarak.
· They spent a total of 149,000 USD to purchase 13 million Mubarak between March 14th and March 16th, with an average price of $0.011 per coin.
· Six days ago they sold two million coins through Bitget at a price of $0.133 each (266,000 USD);
· The remaining eleven million were all transferred into CEX this morning at a price of $0.135 each.
The address spent a total of $149,000 to buy Mubarak at the price of $0.011 and sold it for $0.135 per coin making a profit of one point six million dollars.