#Giant Whale loses $630,000.#
Hot Topic Overview
Overview
Recently, a whale who 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, the whale mistakenly bought autospores instead of spores, spending 325 SOL. Realizing the mistake, he quickly sold autospores and bought spores, resulting in a loss of 298 SOL.
Ace Hot Topic Analysis
Analysis
Recently, a whale who made over $10 million in the Solana ecosystem lost 298 SOL, about $634,000, due to accidentally buying the wrong token. Since December 20th, the whale bought 58.95 million swarms at an average price of $0.038, making a profit of $10.25 million; bought 29.52 million ZAILGO at an average price of $0.024, making a profit of $1.96 million; bought 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) to buy autospores, only to find out it was the wrong token. He quickly sold all autospores and bought spores instead, ultimately losing 298 SOL ($634,000). This incident reminds investors to carefully verify token information when trading to avoid similar mistakes.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Giant whales engage in high-frequency trading in the cryptocurrency market and have made huge profits through projects like swarms.
Giant whales mistakenly purchased the wrong token during trading due to operational errors, resulting in huge losses.
The loss event of giant whales reminds investors to be extra cautious when engaging in high-frequency trading to avoid operational errors.
The loss event of giant whales also reflects the high risk of the cryptocurrency market. Investors need to invest cautiously and manage risks.