Trader Makes Over $8 Million on PENGU in 20 Minutes
After the launch of PENGU, the token rose in price by more than 500%, and some traders managed to take advantage of this.
According to Lookonchain, after spending 23,742 SOL ($5.36 million) to buy 239.6 million PENGU, the trader sold them 20 minutes later for 60,726,$SOL ($13.72 million).
The profit of $8.36 million is not a record, but it is interesting from a timing point of view. Not everyone can calculate the time so precisely.
