Four linked wallets bought 2.7% of ANSEM supply, later sold for $2,000 profit

Bubblemaps said the address cluster exited on June 19 shortly after launch, missing gains that would have valued the position at about $4.7 million at current prices.

Summary

An address cluster used four linked wallets to accumulate 2.7% of ANSEM's supply shortly after the token launched, Bubblemaps said in a report cited by BlockBeats on July 3. The cluster later sold its entire position on June 19 for about $2,000 in profit. At current prices, those holdings would be worth about $4.7 million, highlighting how an early exit can sharply alter returns in thinly traded token launches.

Terms & Concepts
  • address cluster: Group of blockchain wallets linked by activity
  • token supply: Total amount of a token in circulation or existence
  • wallets: Blockchain addresses used to hold and transfer tokens