A whale lost $1.58 million in a minute after buying $COMPANY for $1.598 million.

PANews, July 3 news, according to Onchain Lens monitoring, the whale with address '3xwR' purchased 443.92 million $COMPANY tokens for $1.598 million, but immediately sold them for 105.89 SOL (approximately $16,283), resulting in a loss of up to $1.58 million in less than one minute.

Meanwhile, another address '8mser' purchased 8.31 million $COMPANY tokens for 3.96 SOL (approximately $608) and successfully sold them for 5736.32 SOL (approximately $877,000), making a substantial profit.