🚗 #GateSquareCommunityChallenge# Round 2 — Which coin is not listed on Gate Launchpad❓
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Whale Takes $86K Loss on VINE Token After Quick Flip
Gate News bot message, a notable cryptocurrency whale executed a rapid trading sequence involving VINE tokens. The trader initially purchased 22.4 million VINE tokens for 17,080 SOL (approximately $3.19M). However, within less than 24 hours, the same wallet address (8RwxXRMHhyrmrn6mK5EhLhrFfNrjdv3EF889BYjgyqu7) sold the entire VINE position for 16,606 SOL, resulting in a 474 SOL ($86,000) loss. Following the sale, the trader transferred the remaining SOL to centralized exchanges. Data sourced from Nansen.