A new token called "Cows come" has recently been quickly redished in the chain. Lookonchain revealed that a trader had bought the coin for $148 but sold it earlier, about nine times the amount of the warehouse position, and eventually only realized $1430.
The address on the chain leaves early.
Lookonchain stated that the dealer had bought approximately 3796 000 cattle for the coin. At a later price, the position was raised to approximately $1.3 million.
However, the address was not retained but was cleared at an earlier stage. According to Lookonchain, this means he missed a potential surplus of about $1.3 million.
- Initial input: US$ 148
- Proceeds after sale: $1430
- Subsequent peak valuation: approximately $1.3 million
The new token will rise in a week.
Reports indicate that the cow is a new token with a short start, named after the same name. The number of early participants has been limited due to limited initial attention.
With prices rising rapidly in a short period of time, a small number of early silos were amplified to very high book value and led to greater discussion of the coin on social platforms and the data loops on the chain.
Short-line surges are high volatility.
These new currencies tend to be of limited liquidity and more volatile prices. The point at which the individual address is bought or sold may result in significant differences in the final proceeds.
This transaction is of concern mainly because very low-cost silos are rapidly amplified in a few days and once again reflect the high volatility patterns common in new currency transactions.