RKC developer has cashed out 6,260 SOL, Roaring Kitty deletes post and RKC drops 90%

According to Lookonchain monitoring, Roaring Kitty (@TheRoaringKitty) deleted the post after publishing RKC, causing RKC to drop by 90%. The RKC developer has cashed out 6,260 SOL, worth $611,000. The developer used 10 wallets to spend 20 SOL to purchase 395.18 million RKC, accounting for 39.52% of the total supply, and then sold all of them for 5,071 SOL, worth $495,000. The developer also received 1,209 SOL in creator fees, worth $118,000.