CHEEMS, WHY chain big players trading: one person cut his position and left, another suffered losses due to the double-team attack

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ODAILY
11-25
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According to user @_Allan_Wei_2022, after Binance announced the launch of CHEEMS and WHY contracts, the trading situation of two major traders is as follows: The first large-scale buy order of CHEEMS came from the address "0x94d5Dec1796404ff3544FB09461AF0bC3fb3c2F6", with a total investment of about $200,000. However, this address was unable to profit from the volatility and ultimately exited the market at a "halved" loss, suffering a severe loss. The first large-scale buy order of WHY came from the address 0x03b7C1414857Ae0bCa09116d4A01175D4d9B86ad, with a similar investment of about $200,000. Unfortunately, the trader encountered a "sandwich attack" (a strategy of front-running and subsequent price increase) by on-chain trading bots during the trading process, and ultimately suffered a loss of $25,000 after quickly selling after the buy.

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