A whale bought Meme coins and lost $1.58 million in one minute, while another investor earned $880,000 in two minutes

Odaily News According to Onchain Lens monitoring, the wallet 3xwR spent $1.598 million to purchase 444 million COMPANY tokens, but sold them for 105.89 SOL (about $16,300) in less than a minute, resulting in a loss of about $1.58 million.
At the same time, the wallet 8mser purchased 8.33 million COMPANY with only 3.96 SOL (about 608 US dollars), and sold it for 5736.32 SOL (about 882,000 US dollars) two minutes later, realizing huge profits.
Odaily reminds users that the price of Meme coins fluctuates greatly, so investors are advised to participate with caution.