After the opening of SLERF, an address spent 9,894 SOL to buy 69.74 million SLERF, making a profit of approximately $3.02 million

According to Golden Finance, as monitored by Lookonchain, an address made a profit of approximately $3.02 million in just 12 minutes through trading SLERF. The individual immediately spent 9,894 SOL ($1.98 million) to purchase 69.74 million SLERF after the market opened, and then sold them at a price of 25,001 SOL ($5 million) within the next 12 minutes.