Lookonchain's data shows that a trader lost 721 $SOL ($138K) in just 35 minutes after buying $PUNDU immediately after it opened for trading. The trader withdrew 1,535 $SOL from Binance before $PUNDU trading began and bought $PUNDU with 1,485 $SOL. However, the price dropped quickly due to sniper selling, and the trader sold all $PUNDU, receiving only 764 $SOL in return.

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