Elon Musk's recent Twitter action created a significant shock in the KEKIUS token market. Musk's change of Kekius Maximus' Twitter profile picture led to the KEKIUS token's value nosediving by more than 60% in just an hour.
During this rapid downturn, a savvy KEKIUS whale, identified by the address 0x82…31cc, acted quickly. This individual capitalized on the falling prices by unloading a large quantity of tokens, securing a whopping $2.3 million profit amid the turbulence.
This episode highlights the volatile nature of meme coins and how influential figures like Musk can dramatically sway the market with seemingly minor actions.