A trader made $8.36 million in profits by trading PENGU tokens in 20 minutes
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According to Odaily Odaily, a trader made a profit of 36,984 SOLs, worth $8.36 million, by trading PENGU tokens in less than 20 minutes, according to Lookonchain monitoring. As soon as PENGU was launched, the trader spent 23,742 SOLs (5.36 million U.S. dollars) to buy 239.6 million PENGUs, and then sold them for 60,726 SOLs (13.72 million U.S. dollars).
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