Lookonchain's data shows that a savvy trader made over $1M on #Memecoins FOXY in less than 2 hours. OKX had announced the listing of FOXY three days prior. The trader prepared by creating a new wallet and having the funds ready two hours before trading began. As soon as FOXY went live, the trader spent 330 ETH ($1.16M) to buy 117.32M FOXY. He then sold 57.32M FOXY for 336 ETH ($1.18M) on-chain and deposited the remaining 60M FOXY ($1.08M) into OKX. The trader's profit on FOXY exceeded $1M.
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