According to ChainCatcher, Lookonchain monitored that an automated trading robot with the address "orcACR...TCc8" made a profit of about 27,000 SOL (about 6.8 million US dollars) by sniping MEME tokens in the past month.
Two days ago, the robot bought 57 million FATHA tokens at 2 SOL, and then sold them at 4456 SOL, making a net profit of 4454 SOL (about 1.12 million US dollars), realizing a 2227-fold return. Today, it bought 58.57 million FRIC tokens at 1.75 SOL and sold them at 1646 SOL, making a profit of 1644 SOL (about 418,000 US dollars), with a return rate of up to 943 times.
The robot transferred the profits to the address “orcAbs…NJMb” and has transferred 19,000 SOL to the OKX exchange for cash.
