When Sniping Goes Wrong๐๐
A Solana whale just burned $1.48M trying to snipe $WATCHCOIN.
Bought 47.83M tokens for 17,800 $SOL
Paid 669 $SOL in fees just to front-run
Sold for only 9,883 $SOL
Net Loss: $1.48M
All for a quick flip. Ouch.
Lesson: Hype trading without exit liquidity is financial suicide.