An investor earned 3.6 million dollars shortly after the launch of a Solana-based meme coin.
According to the sharing made by the on-chain data platform Lookonchain on March 21, an investor made a profit of 3.6 million dollars in just 15 minutes thanks to the Solana (SOL) meme coin.
Shortly after the release of the meme coin called SMOLE, a whale who bought 18,460 SOL worth 3.5 million dollars became the owner of 22.21 billion SMOLE in just a few seconds.
The trader sold all the 22.21 billion SMOLE he bought approximately 15 minutes later for 7.1 million dollars worth of 37,446 SOL. As a result, the investor earned 3.6 million dollars worth of 18,986 SOL in just 15 minutes.
According to Dextools data, SMOLE experienced a slight increase after the whale’s sale and is currently trading at $0.0004011.