{"id":18286,"date":"2024-11-03T13:07:29","date_gmt":"2024-11-03T11:07:29","guid":{"rendered":"https:\/\/forklog.com\/en\/trader-misses-out-on-over-1-6-million-due-to-hasty-token-sale\/"},"modified":"2024-11-03T13:07:29","modified_gmt":"2024-11-03T11:07:29","slug":"trader-misses-out-on-over-1-6-million-due-to-hasty-token-sale","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/trader-misses-out-on-over-1-6-million-due-to-hasty-token-sale\/","title":{"rendered":"Trader Misses Out on Over $1.6 Million Due to Hasty Token Sale"},"content":{"rendered":"<p>An unidentified user missed the chance to earn over $1.6 million on the PNUT token, as noted by analysts at Lookonchain.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">The 19.1M <a href=\"https:\/\/twitter.com\/search?q=%24Pnut&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$Pnut<\/a> this guy sold at a $1,099 loss is now worth more than $1.6M!<\/p>\n<p>He spent 11 <a href=\"https:\/\/twitter.com\/search?q=%24SOL&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$SOL<\/a>($1,882) to buy 19.1M <a href=\"https:\/\/twitter.com\/search?q=%24Pnut&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$Pnut<\/a> and sold for 4.57 <a href=\"https:\/\/twitter.com\/search?q=%24SOL&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$SOL<\/a> ($783), with a loss of $1,099.<\/p>\n<p>He must be regretting selling too early, especially with a $1,099 loss on <a href=\"https:\/\/twitter.com\/search?q=%24Pnut&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$Pnut<\/a>.\u2026 <a href=\"https:\/\/t.co\/5O5zSEzvj8\">pic.twitter.com\/5O5zSEzvj8<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1852798553409954284?ref_src=twsrc%5Etfw\">November 2, 2024<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to experts, the trader purchased 19.1 million PNUT for 11 SOL ($1882). He then sold all the tokens for 4.57 SOL ($783), incurring a loss of $1099.<\/p>\n<p>At its peak, the value of 19.1 million PNUT exceeded $1.6 million.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>\u201cHe must be regretting selling too early, especially with a $1099 loss on PNUT,\u201d the analysts noted.<\/cite><\/p><\/blockquote>\n<p>In March, the trader <a href=\"https:\/\/u1f987.com\/en\/news\/solana-trader-misses-1-million-profit-from-meme-token-bome\">missed out on $1 million<\/a> from the meme token BOME due to a hasty sale. In the same month, another user <a href=\"https:\/\/u1f987.com\/en\/news\/trader-misses-out-on-over-4-million-due-to-hasty-token-sale\">lost a potential profit of $4 million<\/a> on mfercoin.<\/p>\n<p>Back in September, a Solana trader managed to turn ~$80,000 into over $1.2 million on the meme coin AURA within weeks, before losing nearly all his gains.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An unidentified user missed the chance to earn over $1.6 million on the PNUT token, as noted by analysts at Lookonchain. The 19.1M $Pnut this guy sold at a $1,099 loss is now worth more than $1.6M! He spent 11 $SOL($1,882) to buy 19.1M $Pnut and sold for 4.57 $SOL ($783), with a loss of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18285,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1267,1161],"class_list":["post-18286","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-trading","tag-memes"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/18286","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=18286"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/18286\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/18285"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=18286"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=18286"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=18286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}