Data: A whale's purchase of a small-cap token was targeted, resulting in a loss of approximately 2.73 million dollars in 20 seconds
ChainCatcher news, according to on-chain analyst lmk.fun's monitoring, an investor invested 19,845 SOL, worth about 2.75 million dollars, into a token with a market cap of only 500,000 dollars, causing the token's market cap to briefly surge to 300 million dollars. During this period, a sniper executed a sandwich attack, profiting 8,399 SOL (about 1.2 million dollars). The investor sold everything 20 seconds later but only recovered 24,000 dollars, resulting in a total loss of about 2.73 million dollars.
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