ZachXBT: Suspected insider profits $3.8 million on RTR

ChainCatcher message, on-chain detective ZachXBT posted on social media that four addresses profited $3.8 million in the RTR pump and dump, among which the address starting with 9G1ELG and the address starting with GHoW2 clearly belong to the same person. These two addresses received 500 SOL in new funds within minutes after the TGE.

It is reported that Restore The Republic (RTR) had its TGE on the evening of August 8, with community rumors linking it to a new project by the Trump family. The token RTR reached a high of $0.156 at midnight on August 9. Subsequently, Eric Trump, the second son of Trump and current Executive Vice President of the Trump Organization, posted on social media reminding people to "be cautious of fake tokens; the only official Trump project has not been announced and will be disclosed on Twitter first." After the statement was released, RTR quickly dropped about 95%, with a trading volume of $164 million within just 15 hours of its inception.