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- 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, which is associated with football icon Ronaldinho, is reported to have profited by about $5 million. Having only 48 BNB (about $29,247) at first, he quickly turned that into a multi-million dollar asset. Still, this is hardly the only startling deal that happened.
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 little bit—just 119,278 tokens—after some time and received 54 BNB, roughly $33,106. He has already reversed his money with a profit of almost $3,800 from a meager fraction of his tokens. Still in his control, 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.
This insider spent 48 $BNB ($29,247) to buy 20.79M $STAR10.
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.
Address:… pic.twitter.com/0h6BnxYLfz
— Onchain Lens (@OnchainLens) March 3, 2025
A Big Player Enters: Wallet Linked to Ronaldinho Moves Millions
On the other hand, according to data from Lookonchain, a wallet supposedly linked to Ronaldinho’s team moved significantly in the STAR10 market. Equivalent to 12.24% of the whole circulating supply, the wallet purchased 122.45 million tokens with 80 BNB (around $50,000).
The wallet then sold one million tokens to get 433 BNB, around $270,000. The wallet still boasts 121.44 million tokens, valued roughly at $33.5 million, even though some have been sold.
Quick Gains: $118K to $1.66M in No Time
Apart from insiders and Ronaldinho’s team wallets, other traders also made significant gains in a quite short period. Purchasing 19.32 million STAR10 tokens, one trader paid 190 BNB—about $118,000. But in about five minutes, he had resold it and collected 2,677 BNB, roughly $1.66 million. This implies that in less than an hour his net profit exceeded $1.5 million.
As of press time, STAR10 is swapped hands at about $0.2221 and daily trading volume is $24.83 million. Its liquidity—at $16.93 million—is also really strong. This statistic shows that market demand in this cryptocurrency is still high even if many traders have made large gains.
Ronaldinho said that the liquidity of the STAR10 token will be locked for 30 days in order to preserve the stability of the project This policy seeks to offer token holders extra security. This locking time can be lengthened if needed. For investors fearing market manipulation or rug pull, this phase can give more confidence.
Ronaldinho’s Crypto Journey: Not His First Rodeo
Fascinatingly, Ronaldinho has not only been active in the crypto space once. CNF had reported he had joined Lionel Messi in July 2024 to promote the Solana-based meme coin project, Water Coin (WATER).
Given his enormous impact, it is understandable that projects bearing his name have drawn a lot of interest among crypto enthusiasts.
