#BitcoinHashRateSurge According to blockchain analytics platform Lookonchain, a crypto trader made a whopping $6,008 SOL (worth around $1.25 million) in just 8 minutes by purchasing Solana’s BUZZ tokens. This profit highlights the exciting and risky opportunities in the fast-moving world of cryptocurrencies. Lookonchain highlighted this remarkable trade. In this context, it showed that the investor spent 82 SOL (worth $17,000) to purchase 268.12 million BUZZ tokens. This equates to 26.8% of the total supply of the token. Someone made 6,008 SOL ($1.25 million) by shorting BUZZ in just 8 minutes This trader spent 82#SOL($17,000) to obtain 268.12 million BUZZ (26.8%) and paid a transaction fee of $49 SOL to make the initial purchase. Then, within 8 minutes, he sold all of his BUZZ for 6,090 SOL ($1.26 million) and made 6,008 SOL ($1.25 million). However, to secure the first move advantage, the trader paid a transaction fee of 49 SOL, making him one of the first to buy the tokens. Once he bought the BUZZ tokens, the trader acted quickly. In just 8 minutes, he sold all of his holdings for 6,090 SOL, which is equivalent to $1.26 million. After eliminating the initial investment and transaction fees, the trader made a profit of $1.25 million.
The investor must