According to Lookonchain, an insider trader sold 500 million SARs (50% of the total supply) for 19,620 SOLs ($3.38 million) in one go, causing the SAR price to plunge 96%. The insider trader used 5,710 SOLs ($948,000) in 16 wallets to buy 665.60 million SHARs (66.56% of the total supply) and distribute them to more than 100 wallets. Four hours earlier, he pooled 500 million SHARs from 104 wallets and sold them all at once, earning 13,910 SOLs ($2.40 million).