Arkham Intelligence, a Blockchain Analytics company, said that after making a mistake in Memecoin, the recent sloppy silk road producer Ross Ul Bricht lost $ 22 million, and the encryption wallet lost $ 12 million.
Users who operate ULBRICHT or wallets are attempting to provide liquidity in DEX (DEX) Raydium after Ulbricht is released in a prison called ROSS, and the “nuclear price” made by a fan created by a fan made after ULBRICHT was released in a prison called ROSS. ARKHAM said on January 30. X posts.
Arkham said, “He initialized the liquidity pool at a wrong price, so the MEV bot immediately took $ 1.5 million tokens (5%) and then sold it to the existing pool.
source: Arkham
The token was able to trade at the maximum price, and the MEV (Maximal Extractable Value) bot was immediately purchased and sold for profits. MEV bots can scan a profitable opportunity and run trading quickly and automatically.
Arkham said that ULBRICHT tire wallet made the same mistake and this time lost $ 15.5 million or about 35%of its supply, Arkham said.
Arkam said, “Ross tried to add cross-sectional liquidity to passively sell coins, but by chance, we created a swimming pool with Raydium CPMM, a Contant-Product Market Maker instead of CLMM concentrated liquidity market manufacturer.
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According to Arkham, MEV bots sold more than $ 600,000 tokens. Ross fell 90% after the bot grabbed and dumped tokens at the wrong price.
DEX Screener has about 1 cent (about 1 cent) of ROSS and has risen about 700% on the last day.
The two wallet addresses that Arkham are designated will be donated to Freeross.org, a campaign for ULBRICHT’s family to liberate from prison. ULBRICHT’s Solana donation speech received 50%of Ross Supply from a developer.
Arkham said that even after losing 40%of the supply, the wallet address still has 10%of the ROSS token supply of about $ 200,000.
Despite the loss of almost all talented tokens, the wallet address connected to the ULBRICHT still has 10%of its supply. source: Arkham
ULBRICHT was arrested by 2013 online Black Market Silk Road using Bitcoin by 2013 and was sentenced to 40 years in 2015.
US President Donald Trump forgave Ulbricht on January 22 and made one of the encryption -centered campaign promises.
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