TechFlow reports that on February 26, according to on-chain analyst lmk.fun (@lmkfun), an investor deposited 19,845 SOL (worth approximately $2.75 million) into a token with a market cap of just $500,000, causing the token's market cap to briefly surge to $300 million.
During this period, a sniper executed a sandwich attack, profiting 8,399 SOL (approximately $1.2 million).
The investor sold all holdings 20 seconds later but only recovered $24,000, suffering a total loss of about $2.73 million.
Add to Favorites
Share to Social Media
