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.
You may also like
Report: Anthropic Plans to Raise Issuance Price, Seeks $1.5 Trillion Valuation, and Aims to Raise Over $100 Billion
Anthropic's IPO roadshow received strong investor demand within less than a day, prompting underwriters to consider raising the offering price to above $78 per share. The company’s valuation is expected to surpass 1.5 trillions USD, with total fundraising likely to exceed 100 billions USD. According to three Anthropic shareholders, the company's main goal is to raise as much capital as possible to support its extensive computing power expenditure plans.
BlackRock’s crypto portfolio falls by nearly $5 billion so far in November 2026
Domestic refined oil retail price cap may see first drop since late August
Crypto prices
More
