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Data: An address placed a bet of $50,700 on Axiom insider trading, and after closing the position, made a profit of $39,000.
Mars Finance reports that, according to Lookonchain monitoring, an anonymous trader used a new wallet to bet $50,700 on Axiom being accused of insider trading, with odds of only 15.1%. This has sparked speculation that they may have insider information. Subsequently, many traders followed their bet, causing Axiom’s odds to rise even higher than Meteora’s. After closing their position, the trader made a profit of $39,000 within a day.