When Sniping Goes Wrong: Trader Burns $1.48M on WATCHCOIN

Not every sniper story ends in profit. In a costly misfire, a trader using the wallet 7GSgXJZdLfFEgjwYrBSfECH5udfCpp6ueB1nQfpwyWfS lost a staggering 8,586 $SOL —roughly $1.48 million—trying to time the $WATCHCOIN launch.

Here's what happened:

The sniper spent 17,800 #SOL ($3.09M) to buy 47.83 million WATCHCOIN, paying a hefty 669 SOL ($116K) in execution fees. But the plan backfired.

He later sold the entire bag for just 9,883 #sol ($1.72M), cementing a massive loss.

This is a harsh reminder: even with the best tools and timing, sniping new tokens is high-stakes and unforgiving.