A certain trader has lost $892,000 in on-chain transactions in the past two days, with a nearly zero win rate

According to Lookonchain monitoring, a trader has withdrawn 4248 SOL (approximately $1.06 million) from CEX to the chain in the past 2 days, participated in transactions of 13 tokens, and only one transaction made a profit of $231. The rest were all losses, with almost zero win rate, totaling a loss of $892,000. He lost $456,000 on ALON and $254,000 on VINE.