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An Address invested 17,000 SOL to snipe and obtained a large amount of WATCHCOIN, but after selling, it incurred a loss of 1.28 million USD.
According to BlockBeats news on May 16, Onchain Lens monitored that a sniper stole 47.83 million WATCHCOIN for 17,764.4 SOL (3 million USD). Subsequently, the Token was transferred to another Wallet and sold for 9,882 SOL (1.71 million USD), resulting in a loss of 7,882 SOL (1.28 million USD).