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Solana Trader Turns $296 Into $620,000 in Four Hours
According to BlockBeats, on October 21, Lookonchain monitoring revealed that a trader on the Solana blockchain managed to turn $296 into $620,000 within just four hours, achieving a return rate of 2090 times.
The trader spent 1.76 SOL (equivalent to $296) to purchase 38.17 million slop tokens. They then sold 29.78 million slop tokens, receiving 24.12 million SOL (approximately $405,000) in return, while retaining 8.39 million slop tokens.
Despite having a win rate of only 21.19% across more than 150 meme coin trades, the substantial profit from the slop token trade compensated for all previous losses.
The trader spent 1.76 SOL (equivalent to $296) to purchase 38.17 million slop tokens. They then sold 29.78 million slop tokens, receiving 24.12 million SOL (approximately $405,000) in return, while retaining 8.39 million slop tokens.
Despite having a win rate of only 21.19% across more than 150 meme coin trades, the substantial profit from the slop token trade compensated for all previous losses.
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