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An address made a $2.9 million profit by rush trading WATER tokens

An address made a $2.9 million profit by rush trading WATER tokens

Bitget2024/06/24 16:11

According to Lookonchain's monitoring, an address spent 16,900 SOL ($2.1 million) to acquire 612 million WATER tokens (22.71% of the WATER in the pool) in a run on the same block where the deployer added liquidity. It then sold all of the WATER tokens for 39,279 SOL ($5 million), making a profit of 22,379 SOL ($2.9 million), all in less than 20 minutes.

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