ChainCatcher messages have attracted attention. After Binance launched contracts for CHEEMS and WHY, on-chain data revealed interesting market trends. Firstly, the first large purchase of CHEEMS came from address 0x94d5Dec1796404ff3544FB09461AF0bC3fb3c2F6, with a total investment of about $200,000. However, this investor ultimately chose to exit when the price was 'halved', demonstrating the unpredictability of market volatility.
On the other hand, the first large purchase of WHY was initiated by address 0x03b7C1414857Ae0bCa09116d4A01175D4d9B86ad, also investing about $200,000. However, during the buying process, this address encountered a 'sandwich attack' from on-chain trading bots, resulting in a loss of approximately $25,000. This incident highlights the risks and challenges present in the on-chain trading environment.