Analysis: $SI Developers Sold Off 32% of Tokens Early, Missing Out on $15 Million in Gains
According to on-chain visualization platform Bubblemaps (@bubblemaps), the developer wallet 9pkJqJ sniped 32% of the $SI token supply during the project's early stages using side wallets (20% self-minted plus an additional 12% acquired from eight other wallets), before dumping the entire allocation for just $24,000.
The $SI token previously attracted market attention after Donald Trump publicly advocated renaming artificial intelligence to "Super Intelligence" and using the ticker "SI", triggering a sharp price surge. At current prices, the developer's holdings would be valued at $15 million, resulting in a massive missed-opportunity loss from the premature sell-off.