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A certain address spent 40,000 USD to "snipe" the Jesse token launch, making a profit of about 1 million USD

Nov 21, 2025 08:13:03

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WTF Academy founder 0xAA disclosed that the jesse token issued by Base co-founder Jesse was targeted by "scientists" at launch. A certain address purchased 7.6% of the total jesse tokens with 67 ETH, making it the first address to buy jesse tokens, with Gas fees amounting to $40,000.

The average cost of their holdings corresponds to a market value of $2.4 million, and they subsequently sold their holdings when the market value of jesse tokens exceeded $10 million, making a profit of about $1 million.

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