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Counterfeit $BARRON internal accounts profited over 1 million US dollars, most "whales" are in a loss state

Counterfeit $BARRON internal accounts profited over 1 million US dollars, most "whales" are in a loss state

Bitget2025/01/21 08:18

According to Onchain Lens monitoring, a counterfeit $BARRON token quickly reached a market value of 72 million US dollars, with one internal account making over 1 million US dollars in profit through buying low and selling high. This account purchased 136.35 million $BARRON tokens for 4.43 $SOL (approximately 1048 US dollars), then sold them for 4456 $SOL (approximately 1.05 million US dollars). In addition, several other internal accounts were involved. However, most major participants or "whales" suffered losses in this scam. Previous news reported that the counterfeit Barron Trump token's market value had once reached 72.78 million US dollars before plummeting by 99%, and related X accounts have been frozen.

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