Whale Loses $1.58 Million on Meme Coin in One Minute, While Another Investor Earns $880,000 in Two Minutes
Odaily Planet Daily News: According to monitoring by Onchain Lens, wallet "3xwR" spent $1.598 million to purchase 444 million COMPANY tokens, but sold them for just 105.89 SOL (approximately $16,300) in less than a minute, incurring a loss of about $1.58 million.
Meanwhile, wallet "8mser" bought 8.33 million COMPANY tokens with only 3.96 SOL (about $608), and sold them two minutes later for 5,736.32 SOL (about $882,000), making a significant profit.
Odaily reminds users that meme coin prices are highly volatile, and investors should exercise caution.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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