An address spent $40,000 to "snipe" the Jesse token at launch, making a profit of around $1 million

By: theblockbeats.news|2025/11/21 00:45:55

BlockBeats News, November 21st, WTF Academy founder 0xAA revealed in a post that the jesse token issued by Base co-founder Jesse was targeted by a "scientist" upon listing. An address used 67 ETH to buy 7.6% of the jesse tokens, becoming the first address to purchase jesse tokens. The address spent a gas fee of $40,000.

The average holding cost corresponds to a market value of $2.4 million. Subsequently, they completed their holdings through sales after the jesse token's market value exceeded $10 million, making a profit of approximately $1 million.

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