According to @ai_9684xtpa, a trader experienced significant losses while trading the meme token $BORPA on the Solana network. The trader invested 13,400 SOL (approximately $1.94 million) in $BORPA, causing the token price to spike temporarily from $0.3884 to $2.37 before crashing. The trader eventually sold all their holdings 12 hours later, incurring a loss of $1.55 million.