Crypto Sniper Nets $1.25M in One Hour by Trading $RCH Token

According to Lookonchain, a crypto sniper made $1.25 million in just one hour by trading the $RCH token. The trader paid a tip of 72.24 ETH (worth $275.5K) to secure the first purchase of the $RCH token. He bought a total of 7.42 million $RCH tokens, representing 29.7% of the total supply, for 392.24 ETH (worth $1.5 million). Subsequently, he sold the tokens for 719.4 ETH (worth $2.74 million), realizing a profit of approximately $1.25 million.