According to Lookonchain, on November 6, a major investor spent $11,582 SOL (around $2.14 million) to buy 17.35 million $PNUT . Thanks to the rise in the price of Peanut the Squirrel, the whale's unrealized profit now stands at $14.18 million.

The same user managed to make $2 million by investing in a PNUT-related memecoin, First Convicted RACCON (FRED). When the asset was worth about $0.06, the whale bought 68.97 million FRED for 3,550 SOL (around $657,000). On-chain experts also found an unlucky trader who sold PNUT tokens at a loss of $17 million. In late October, a user spent 8 SOL on 19.4 million PNUT and then sold them for 4.08 SOL.

In fact, the crypto lost $669. However, at the current rate, the amount of PNUT tokens that he initially bought is worth more than $17 million. $PEPE