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Market's Long-Awaited Narrative "Warm-up": BNB Chain Issues New Tweet Triggering Activity in Over 20 Insider Trading Addresses
BlockBeats News, December 23rd, according to GMGN Monitoring, at 4 pm today, after the BNB Chain official account posted a tweet with CZ's image as a "shelf elf," multiple Meme coins with the same name quickly emerged on the BSC chain. Among them, the earliest issued token briefly surged to a market value of $200,000. Monitoring shows that there are 22 related insider trading addresses, and 314 wallets have appeared that use MEV for bundled batch transactions.
However, shortly after the tweet was posted, it was deleted, and the market value of the corresponding Meme coin plummeted to $13,000. Against the backdrop of the recent lukewarm market and lack of liquidity, the market is highly sensitive. Some traders closely watch major official announcements to find narrative opportunities. Similar phenomena of rapid speculation through bundled transactions and insider trading have also significantly increased. He Yi previously replied on Platform X, stating, "You don’t need to look for angles in official Vs and editors. In the future, we won’t pay attention to these kinds of Memes anymore."
BlockBeats reminds users that Meme coin trading has huge price fluctuations, relies heavily on market sentiment and conceptual hype, has no practical value or use case, and investors should be aware of the risks.
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