Over the course of 30 days, the trading bot earned ~27,000 SOL ($6.8 million) from sniper trades with several meme coins on the Pump.fun platform. Analysts at Lookonchain took note of this.
Two days ago, the bot spent 1.75 SOL to buy 57 million FATHA and after the price of the coin rose, sold it for 4456 SOL ($1.12 million). The profit amounted to 2227%.
On November 25, he purchased 58.57 million FRIC for 1.75 SOL. Selling the asset brought him a 943-fold increase on his investment — 1646 SOL ($418,000).
The bot operates on a decentralized wallet for sniping and transfers profits to the OKX exchange. In total, over the last month, he deposited 19,000 SOL from the earned 27,000 SOL with the aim of further selling.
