A Solana trader has reportedly lost around $245,000 in a series of poorly timed meme coin trades, with the biggest hit coming from the Scam Altman (SCAM) token. Data from blockchain analytics firm Bubblemaps shows the wallet, labeled AuKRRB…L7sN, lost approximately $150,000 after buying SCAM near its peak and selling after the token crashed by 95% within 24 hours. The traders losses were not limited to a single token. The same wallet previously invested about $81,000 in UNC and $14,000 in ASTEROID, both after their prices had already surged. These trades indicate a pattern of late… Read more
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