Definalist: Scanned suspected insider wallet data to start Pnut and ACT transactions

Definalist revealed that the wallet address previously released by Lookonchai belongs to us. We were a bit slow to act, but it was indeed legitimate (still within the range of $1 million in profit). Before the listing on Moodeng, we scanned wallet data believed to belong to insiders and identified 5 wallets. Today, we confirmed one wallet that we are confident belongs to an insider.

The wallet transferred 14,770 SOL ($3.03 million) from Binance to purchase Pnut and ACT, spending 12,000 SOL ($2.46 million) to buy 92.4 million Pnut at a price of $0.266, and spending 2,000 SOL ($410,000) to buy 2.04 million ACT at a price of $0.2.