The Mimi Mim scandal also affected the whales. A possible interior communications portfolio was distinguished, after receiving a $ 5 million compensation.
The early scale whale, which was later identified as David Burnoy, got a large location in the first ten minutes of trading. Later, the portfolio published one of the largest losses after the scale lost more than 90 % of its value. Al -Mizan, the Mimi Solana symbol supported by Argentina President Javier Millie, Drew in the first buyers and may have been cut by the informed. Portnoy wallet was one of the few who spread deep losses during the first scale accident.
The series’s analysis showed that one of the first buyers was late to carry $ 5 million of losses. The portfolio received $ 5 million in USDC, becoming one of the few balance holders for a form of compensation.
David Portinoy confirms the participation of the whale with the scale
David Portnoy portfolio recorded the losses between 5.17 million dollars and $ 5.34 million, depending on the timing of the portfolio value, with the scale break.
As for the record, I didn’t care that people knew that Hayden pushed me again. I was completely planning to say that on the live broadcast, but I was arrested by sending text messages to me in the middle of it and asking me not to mention that. You can actually see my eyes read the text in the actual time … pic.twitter.com/dr4pqpdkhs
Dave Portoe (@stoolpresidente) February 17, 2025
Portnoy revealed its relationship as the KOL for the Libra project, before the symbol wiped most of its value. However, Portnoy appears to have turned into a personal investment strategy, and as stated, the supply was re -customized to rid the distinctive symbol.
Initially, Portinoy spoke positively about the project. The loss arrived a few days after the imprisonment of Portnawi’s distinguished symbol within a few hours. According to the analysis of the series, Portnoy was relatively early in buying the scale, but it failed to lock the gains. Portinoy claimed that he bought the same symbols, and did not receive allocation. Portnoy wallet, known as a series of Sol for Libra, which does not show signs on Airdrop.
After sending compensation to Portnoy, the original wallet kept only $ 255,000. The wallet was mostly used for Sol and USDC trading, with no direct reactions with the scale icon.
Hayden Mark Davis to try to compensate for scale dealers
According to what Portnoy USDC was replaced by Hayden Mark Davis.
Davis was recognized as director of Libra Taken Flow through his investment company, Kelsier Ventures. The compensation was the only main deal that arises from the well -known Davis portfolio. This was supposed to be a personal transfer to Portnoy, with no other plans to compensate the first traders.
Despite the attempt to confidentiality, the transport became widely known, and called for more scrutiny about Davis’s approach to regulating the scale of the scales through the influencers.
Compensation, an attempt to control damage, has led to more questions about Davis’s participation with the project.
The scale continues to trade actively, which leads to a recovery to more than $ 0.41 before returning to $ 0.37. The liquidity of the distinctive symbol began to rise on Monday, adding $ 3 million in liquidity within hours, and expanding the pool to more than $ 85 million. Later, the complex began draining again, drowning to 81 million dollars for the most active pair of the distinctive symbol. The liquidity of the scale is still closed, and recently, the distinctive symbol of suspicious activity has been marked. Despite the constant circulation, the scale sparked the possibility of removing it from trading, as it was California A mark has been placed Her identity was removed from Solana’s ecosystem.
MEME symbols are still flexible and the balance may see another wave of speculative investment, and expects a rebound from its lowest levels. The scale is still very risky, and the first buyers still hold the bag, hoping to recover. The symbol is still the origin of the team, with 50 % of the show is still being held in one of the original wallets.
The scale whales managed to lock gains of up to $ 6.1 million in most cases, if sold on time during the first minutes after the launch. Currently, whales sit on unrealized gains and losses.
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