#Giant Whale loses $630,000.#
Hot Topic Overview
Overview
A whale who has made over $10 million in the Solana ecosystem lost 298 SOL (about $634,000) due to accidentally buying the wrong token. The whale had been making huge profits since December 20th by buying tokens like swarms, ZAILGO, and mcs. However, 40 minutes ago, he spent 325 SOL to buy autospores, only to realize it was the wrong token. He quickly sold it and bought spores instead, resulting in the huge loss.
Ace Hot Topic Analysis
Analysis
Recently, a whale who made over $10 million on the Swarm platform lost 298 SOL (approximately $634,000) due to accidentally buying the wrong token. Since December 20th, the whale had purchased 58.95 million Swarm at an average price of $0.038, making a profit of $10.25 million; purchased 29.52 million ZAILGO at an average price of $0.024, making a profit of $1.96 million; and purchased 80.84 million MCS at an average price of $0.0052, making a profit of $549,000. However, 40 minutes ago, the whale spent 325 SOL ($69,000) on Autospores, only to realize it was the wrong token. They quickly sold all their Autospores and bought Spores instead, ultimately losing 298 SOL ($634,000). This incident serves as a reminder for investors to be extremely cautious when trading and avoid significant losses due to operational errors.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
A whale mistakenly purchased the wrong token in a trade, resulting in a loss of $634,000.
There are risks involved in trading, and even experienced traders can make mistakes.
Whales should carefully verify token information before trading to avoid mistakes.
Whales should set stop-loss mechanisms in their trades to control risk.