According to BlockBeats, on July 30, monitoring by @ai_9684xtpa revealed that the top three holders of FWOG tokens liquidated their positions, leading to a sudden 73% drop in the token's price.

It was reported that a notable investor, identified as 5CQD2, purchased 18.1 million FWOG tokens for 52.6 SOL (approximately $9,510) just 20 minutes after the token's launch, at a cost of $0.0005251 per token. The investor later sold 3 million tokens at $0.0117 each and completely liquidated their remaining holdings within the past 15 minutes, achieving a total profit of 795.69 SOL, which translates to a return rate of 1512%.