An address trading ANT lost 2,623 SOL in 40 minutes

On October 24th, a trader spent 3,396 SOL ($587,000) to purchase 14.7 million ANTs in a single transaction, according to Lookonchain monitoring.

Less than 40 minutes later, the trader surrendered and sold it all for a mere 773 SOL ($134,000). A loss of 2,623 SOL ($454,000) in less than 40 minutes.