Trader Faces Significant Losses In Recent Solana Transactions

According to BlockBeats, a trader recently transferred 4,248 SOL, valued at approximately $1.06 million, from a centralized exchange to the blockchain over the past two days. The trader engaged in transactions involving 13 different tokens. Despite these efforts, only one transaction yielded a profit of $231, while the rest resulted in losses, leading to an almost 0% success rate. The total losses amounted to $892,000, with significant losses of $456,000 on ALON and $254,000 on VINE.