TechFlow reports on July 30, according to monitoring by @ai_9684xtpa, the top three large holders of the Solana Meme project FWOG cashed out their positions, causing the token's price to plunge 73% momentarily. This smart money address purchased 18.1 million FWOG tokens for 52.6 SOL ($9,510) just 20 minutes after launch, at a cost basis of only $0.0005251 per token. Later, it sold 3 million tokens at $0.0117, realizing a profit of 795.69 SOL with a return rate of 1,512%.
In addition, this address has also traded other frog-themed tokens such as FLOG2, flog, REALFLOG, and FAOG. Its unrealized profit on NEIRO reached $390,000, representing a return rate of 2,410%, with an overall win rate of 62.07%.
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