An unknown user missed the opportunity to earn over $1.6 million on the token PNUT. This was noted by Lookonchain analysts.
According to specialists, the trader purchased 19.1 million PNUT for 11 SOL ($1882). He then sold all the tokens for 4.57 SOL ($783) with a loss of $1099.
At its peak, the value of 19.1 million PNUT exceeded $1.6 million.
"He must regret selling too early, especially with a loss of $1099 on PNUT," the analysts noted.
In March, the trader missed out on $1 million from the meme token BOME due to its hasty sale. In the same month, another user lost potential profits of $4 million on mfercoin.
Recall that in September, a Solana trader managed to turn ~$80,000 into over $1.2 million on the meme coin AURA in just a few weeks, before losing nearly all of his profits.