A certain whale's purchase of low market cap tokens was targeted, resulting in a loss of approximately 2.73 million US dollars in 20 seconds
According to on-chain analyst lmk.fun, an investor poured 19,845 SOL into a token with a market value of only $500,000, worth about $2.75 million, causing the token's market value to briefly soar to $300 million. During this period, a sniper carried out a sandwich attack and profited 8,399 SOL (about $1.2 million). The investor sold all his holdings 20 seconds later but only recouped $24,000 for a total loss of approximately $2.73 million.
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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