WallStreetBaby Deployer Nets $810,000 in Hourly Profit, Reports Lookonchain

In a surprising chain of events, the deployer that launched WallStreetBaby managed to gain a significant amount of money, close to $810,000, in an hour. As Lookonchain reports, this amazing achievement is the result of a carefully planned series of transactions by the deployer.

The deployer of #WallStreetBaby has made nearly 5K $SOL($810K) in just 1 hour by sniping and dumping $WSB!

Amazing gains!

The deployer deployed 1B $WSB, adding 600M $WSB and 400 $SOL to liquidity, leaving 400M $WSB.

Before opening trading, the deployer created 32 wallets and… pic.twitter.com/09wa9A0ah0

— Lookonchain (@lookonchain) May 16, 2024

2 Wallets Secure 362M $WSB Tokens, Earn $708K

From the start, the deployer sent a billion $WSB tokens to WallStreetBaby. The 600 million tokens were sent with 400 $SOL to the LP while the remaining 400 million tokens were left in its custody.

Long before trading, the deployer showed great foresight. He opened 32 distinct wallets, each obtaining an equal share of 643 $SOL tokens. When trading began, all of these wallets rapidly bought a total of 362 million $WSB tokens. It was the sum of around 36.2% of the total supply. All of these tokens were then sold, with a total of 4,371 $SOL tokens obtained, of 708,000 USD.

Deployer Nearly 5,000 $SOL Earned, $810K in Profit

After that, the deployer transferred the remaining 400 million $WSB tokens to more than 100 wallets. A significant part of them amounted to 210 million $WSB, which was exchanged for 1.250 Solana therefore, the remaining tokens in the amount of 190 million $WSB. Consequently, the situation remains challenging due to the complication of the traceability for the remaining tokens.

As per Lookonchain, the deployer made it possible to earn almost 5,000 $SOL, which is approximately $810,000. This demonstrates the potential for earnings with such financial resources in the field of cryptocurrency.