An address bet $50,700 on Axiom insider trading and closed the position with a profit of $39,000
According to Odaily, Lookonchain monitoring shows that an anonymous trader used a new wallet to bet $50,700 on Axiom being accused of insider trading, with odds of only 15.1%. This has sparked speculation that the trader may possess insider information. Subsequently, many traders followed suit, causing Axiom's odds to even surpass those of Meteora. After closing the position, the trader made a profit of $39,000 in just one day.
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