PANews reported on May 16 that according to Onchain Lens monitoring, a sniper trader spent 17,764.4 SOL (about 3 million US dollars) to buy 47.83 million WATCHCOIN.
The trader then transferred the tokens to another wallet and sold them for 9,882 SOL (about $1.71 million), ultimately losing 7,882 SOL (about $1.28 million).
