TechFlow reports, on May 16, according to on-chain analyst Onchain Lens (@OnchainLens), a sniper trader purchased 47.83 million WATCHCOIN using 17,764.4 SOL (approximately $3 million). The trader subsequently transferred the tokens to another wallet and sold them for 9,882 SOL (approximately $1.71 million), incurring a loss of about 7,882 SOL (approximately $1.28 million).
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