RIPETH creator made less than $10,000 in profit and no longer holds the token

According to Lookonchain monitoring, the address that created RIPETH started withdrawing SOL from Binance and staking it 9 days ago, withdrawing a total of 206,111 SOL (about 36 million US dollars). 8 days ago, the address created RIPETH, and it may not have thought about promoting the meme at the beginning. 4 hours ago, investors began to buy RIPETH. The whale address soon noticed the rise of RIPETH and withdrew 200 SOL from Binance to buy RIPETH. The buying behavior was also seen by the community, but the address quickly sold it for a profit of 85 SOL (about 14,500 US dollars), and his sale also caused RIPETH to plummet. After that, the address spent 50 SOL to buy RIPETH again, and quickly sold it at a price of 19.8 SOL, losing only 30.2 SOL (about 5,100 US dollars). At present, the address no longer holds RIPETH.