You Won’t Believe What Happened to Ross Ulbricht’s Wallets! 🤯

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Well, well, well, if it ain’t the tale of Ross Ulbricht’s wallets and their meme coin mishap! Buckle up, folks, ’cause this story’s got more twists and turns than a Mississippi riverboat on a moonless night.

Seems these wallets, tied to the Silk Road creator himself, lost a cool $12 million worth of meme coins after a little “accidental” sell-off. But hey, what’s a few million between friends, right? 😏

Now, the ROSS token, named after our dear old pal Ross, is up a whopping 700% since the blunder. Talk about turning lemons into lemonade, or in this case, turning a dumpster fire into a raging inferno! 🔥

Apparently, these wallets were trying to provide liquidity on Raydium, but ended up “accidentally nuking the price” of 5% of the pump.fun supply. Oops! 🤦‍♂️ And if that wasn’t bad enough, they tried to add single-sided liquidity, only to create the wrong kind of pool and sell the tokens at the wrong price. Talk about a double whammy!

But wait, there’s more! Those pesky MEV bots, always looking to make a quick buck, swooped in and snatched up the tokens, selling them for a tidy profit. Talk about adding insult to injury, am I right? 😂

Despite all this, the Ross Ulbricht-linked wallets are still holding onto around 10% of the token supply, worth a measly $200,000. But hey, at least they’ve got a good sense of humor about it, right? 😉

So, there you have it, folks – the tale of Ross Ulbricht’s wallets and their meme coin misadventures. Who needs a TV drama when you’ve got this kind of real-life drama, am I right? 🤷‍♂️

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2025-01-31 10:48