A crypto whale who bought an unknown memecoin called MLG nine months ago has made a significant profit. The whale initially paid $2,600 for 40.81 million MLG tokens and has sold 33.3 million of them, making $413,000. The remaining 7.51 million MLG tokens are now worth around $962,000, resulting in a total profit of $1.3 million. However, there are claims that the whale may be part of MLG's development team, raising concerns about insider trading. This news serves as a reminder to be cautious when investing in altcoins.



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