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Crypto Whale Makes $20 Million In Profit With BAD Token Purchase

Crypto-Whale-Makes-20-Million-In-Profit-With-BAD-Token-Purchase

Key Points:

Bad Idea AI ($BAD) experienced a massive price increase of 1800% on 12 August.
According to Lookonchain, a crypto whale spent 7.4 $ETH ($14K) to purchase 139.5T $BAD and subsequently sold 19.2T $BAD for 225 $ETH ($414K), the whale currently holds $19M worth of $BAD.

Bad Idea AI (BAD) experienced a significant boost in price (1800%). A crypto whale spent 7.4 ETH ($14K) to purchase 139.5T BAD 15 minutes after BAD’s launch, then sold 19.2T BAD for 225 $ETH ($414K). The whale currently holds $19M worth of BAD in seven wallets.

Bad Idea AI (BAD) saw a significant increase in price, hitting a peak by increasing around 1800% on 12 August. This has caught the interest of many investors to keep an eye on the top holder with 120.3T $BAD, which is 14.5% of the total supply.

As of this writing, BAD is trading at around $0.0000001488, increased by nearly 400% since its launch.

Source: CoinMarketCap

The wallet, according to Lookonchain, identified as “0x6745,” spent 7.4 $ETH ($14K) to purchase 139.5T $BAD, which is 16.8% of the total supply, via 3 addresses within 15 minutes after BAD went live. The wallet then sold 19.2T $BAD for 225 $ETH ($414K). Currently, the whale holds 120.3T BAD ($19M) in 7 wallets, which is 14.5% of the total supply.

BAD IDEA is an experimental project that aims to investigate the potential outcomes of a world where humans and AI share decision-making power. This audacious project explores questions of morality, responsibility, and the nature of being human. At the project’s core, humans and AI work together within a tokenized ecosystem to shape the future.

The tokenomics of the BAD IDEA Token are carefully designed to support the project’s ambitious goals. A total of 831,041,059,897,327.3110117 BAD Tokens have been minted, with 58% allocated for public distribution.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Thana

I am a news editor at Coincu, where I produce daily editorial packages and manage the knowledge and review article sections. Before journalism, I earned a Bachelor's degree in Global Logistics and Supply Chain Management from Northampton University and studied news journalism at Press Association Training.