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The address that profited millions of dollars from DONT is highly associated with DeFi Dev Corp, raising suspicions of insider trading.

The address that profited millions of dollars from DONT is highly associated with DeFi Dev Corp, raising suspicions of insider trading.

BlockBeatsBlockBeats2026/01/23 06:32
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BlockBeats News, January 23, Kairos Research co-founder @Ian_Unsworth posted that the address starting with "z5m3Ja" bought DONT tokens during the internal trading phase and then sold them in batches, making a cumulative profit of nearly one million dollars. However, the funding source address of this address holds 30,000 DeFi Dev Corp's LST tokens. Furthermore, the next-level funding source address has a large amount of direct activity with the DeFi Dev Corp validator node and was the first address to send funds to the DeFi Dev Corp validator identity address.


Based on this, Ian questioned whether there is insider holding suspicion regarding the DONT token.

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