Major Holder Sells Off $FWOG, Token Drops 73%
7/30/2024 8:25:41 AM
According to @ai_9684xtpa, a top 3 holder of Solana meme token $FWOG has liquidated their position, causing the token to plummet by 73% in a short period. The investor, identified as 5CQD2...psn2j, initially bought 18.1 million FWOG tokens for 52.6 SOL ($9510) just 20 minutes after its launch at a cost of $0.0005251 per token. They then sold 3 million tokens at $0.0117 and fully liquidated their position in the last 15 minutes, making a total profit of 795.69 SOL with a return rate of 1512%. (Source)
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