Insider Profits $45K from INFINEX, Bets on Valuation
An insider has reportedly made a net profit of over $45,000 from an investment in the INFINEX sale, according to The Poly Nerd. The individual initially invested $98,285 three weeks ago and earned a total of $144,174.
Ahead of INFINEX’s listing on January 30, the same insider has placed a $14,000 bet predicting that the project’s fully diluted valuation (FDV) will not exceed $200 million or $300 million one day post-listing.