Anonymous trader turns $174K into $2.45M in one day by trading Apecoin with insider-like timing.

An anonymous crypto wallet with no prior transaction history made $2.45 million in a single day by trading Apecoin around an 80% price surge. The trader used a 5x leveraged long position to profit $1.79 million and then flipped to a short position for an additional $488,000 gain. This trade coincided with Yuga Labs' announcement of a new CEO, suggesting possible insider knowledge. Despite the suspicious timing, no formal investigation has been announced due to varying crypto insider trading regulations.