Insider Turns 48 BNB into Millions Trading STAR10
- An insider turned 48 BNB into millions by trading STAR10, selling a small portion while holding a large amount.
- A wallet linked to Ronaldinho’s team made big STAR10 trades, acquiring millions of tokens and securing major profits.
An insider with the STAR10 token project, associated with football icon Ronaldinho, is reported to have profited about $5 million. Having only 48 BNB (approximately $29,247) at first, he quickly turned that into a multi-million dollar asset. This isn’t the only remarkable deal that transpired.
Turning 48 BNB Into Millions: A Smart Play?
Initially, with a capital of 48 BNB, the insider bought 20.79 million STAR10 tokens. He sold a fraction—just 119,278 tokens—after some time, receiving 54 BNB (around $33,106). He has already recouped his initial investment with a profit of almost $3,800 from a small portion of his tokens. The remaining 20.68 million STAR10 tokens are valued at roughly $4.93 million.
> An insider on @10Ronaldinho has made a profit of $4.94M.
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> This insider spent 48 $BNB ($29,247) to buy 20.79M $STAR10.
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> So far, the insider has sold 119,278 $STAR10 for 54 $BNB ($33,106). The insider still holds 20.68M $STAR10, valued at $4.93M.
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> Address:… pic.twitter.com/0h6BnxYLfz
>
> — Onchain Lens (@OnchainLens) March 3, 2025
A Big Player Enters: Wallet Linked to Ronaldinho Moves Millions
Meanwhile, according to data from Lookonchain, a wallet allegedly linked to Ronaldinho’s team made significant moves in the STAR10 market. Equating to 12.24% of the total circulating supply, the wallet purchased 122.45 million tokens using 80 BNB (approximately $50,000).
The wallet later sold one million tokens for 433 BNB (around $270,000), retaining 121.44 million tokens valued at roughly $33.5 million, despite some sales.
Quick Gains: $118K to $1.66M in No Time
Aside from insiders and Ronaldinho’s team wallets, other traders achieved notable gains rapidly. One trader purchased 19.32 million STAR10 tokens for 190 BNB (about $118,000) but resold them in about five minutes for 2,677 BNB (approximately $1.66 million). This reflects a profit exceeding $1.5 million within less than an hour.
As of press time, STAR10 is traded at approximately $0.2221 with a daily trading volume of $24.83 million. Its liquidity—at $16.93 million—remains robust. This suggests ongoing market demand for this cryptocurrency, even as many traders secure significant profits.
Ronaldinho announced that the liquidity of the STAR10 token will be locked for 30 days to maintain project stability, ensuring additional security for token holders. This period can be extended if necessary, providing investors peace of mind against market manipulation or rug pulls.
Ronaldinho’s Crypto Journey: Not His First Rodeo
Interestingly, Ronaldinho is not new to the crypto world. He previously collaborated with Lionel Messi in July 2024 to promote the Solana-based meme coin project, Water Coin (WATER).
Given his significant influence, it’s no surprise that projects connected to him attract considerable interest among crypto enthusiasts.
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