Two wallets whitelisted for the memecoin Brett (BRETT) on the Base layer-2 scaling solution have made incredible gains of 30,830x.
Whitelisted Wallets
According to crypto tracker Lookonchain, the wallets spent $102 to buy 172.56 million BRETT in February. They later sold 122.74 million BRETT for $3.14 million, resulting in the massive gains.
Brett’s Role
Brett is known as the “mascot” of the Base chain. At the time of writing, it is trading at $0.0397, down over 14% in the past 24 hours.
Dormant Wallet Awakens
Lookonchain also reported that a long-dormant Ethereum wallet transferred $6.65 million worth of ETH over the weekend. The wallet received the ETH in 2015 when it was worth only $0.90, resulting in a 370,000% increase in value over nine years.