Ross Ulbricht portfolios have lost $ 12 million in the mouth

Ross Ulbricht portfolios have lost around $ 12 million in coins after having accidentally sold them at the wrong price. Since the error, the Ross token is now up more than 700%.

According to ArkhamThe two portfolio addresses are listed on the Freeross.org Dons site, which is led by the family of the creator of Silk Road to release him from prison. The Solana (GROUND) The addresses received 50% of the token supply of the developer of Pump. Fun Token, Ross.

Ross is a coin which was created after the release of Ross Ulbricht from prison after President Trump The forgiven on January 22. The token is currently increasing, increasing by more than 735% in the last 24 hours, according to Dex screen.

On January 30, portfolios holding 50% of the Ross token offer “accidentally set the price” of 5% of the pump. Thus, the sale of tokens at a much lower price than the current market price.

A pass MEV that passes saw the golden opportunity and torn off the chips, worth 1.5 million dollars at the time, and sold them in the existing pool. MEV robots or maximum extractable value robots are deployed to search for opportunities to make profits on the market and can automatically perform trading activities, without missing a beat.

After losing $ 1.5 million of Ross tokens, the portfolios linked to Ross Ulbricht were not dissuaded. The operator tried again, trying to add liquidity to a single factor so that it can sell the coins passively passively. However, they accidentally created a swimming pool with a constant Raydium product market instead of a concentrated liquidity market manufacturer; Sell ​​the tokens again at the wrong price.

This time, the error was even more deadly, because about 35% of the Ross Ulbricht token supply was lost and torn off by another bot mev. The bot sold the tokens for more than $ 600,000, resulting in the price of the memes part of around 90%. Portfolios still hold around 10% of the token supply, worth $ 200,000.

Since the disastrous sale, Ross has regained his foot. At the time of writing the editorial staff, the token increased up to 735% in the last day. It is currently negotiated at a price of $ 0.0104 with a negotiation volume of $ 14.8 million.