A certain address spent 13,400 SOL to buy BARPA, with a loss of nearly 80%

According to TechFlow, @ai_9684xtpa monitored a certain address (CZaHE) that used 13,400 SOL (about 1.94 million U.S. dollars) to buy the Solana chain's Meme coin $BARPA, which was oversubscribed 350 times, but sold all of it 12 hours ago and lost 1.55 million U.S. dollars.

The purchase cost of this address was $0.3884. The large purchase once pushed the price of the coin up to $2.37, but then the price plummeted by 97%. In the end, the address dispersed the funds to 8 addresses for sale, and only exchanged for 2,739 SOL, with a net loss of 10,661 SOL (nearly 80%).