A suspected insider created a new wallet and spent 1370 SOL to purchase 632 million CAT

According to Lookonchain monitoring, a suspected insider created a new wallet and spent 1,370 SOL (about 230,000 US dollars) to purchase 632 million CAT (63.2% of the total supply). The wallet has sold part of the $CAT and obtained about 29,525 SOL (worth about 5 million US dollars).