An address lost $1.06 million and swapped MEW for GME

Golden Finance reported that according to Lookonchain monitoring, a trader exchanged all 206.91 million MEW (704,000 US dollars) into 55.8 million GME 9 hours ago. He spent 9,556 SOL ($1.76 million) on April 2 and 3 to purchase 206.91 million MEW at a price of $0.008544, resulting in a loss of $1.06 million.