火星财经消息，5 月 21 日，据 Onchain Lens 监测，一位交易员在 28 天前 LAUNCHCOIN 涨至市值超 3 亿美元之前，花费 54 枚 SOL（约 8191 美元）购买了 1462 万枚 LAUNCHCOIN。 随后，该交易员陆续将这些 LAUNCHCOIN 全部卖出，换得 16,321 枚 SOL（约 278 万美元）以及 66.6 万枚 USDT，实现了高达 421 倍的回报。

<div>火星财经消息，5 月 21 日，据 Onchain Lens 监测，一位交易员在 28 天前 LAUNCHCOIN 涨至市值超 3 亿美元之前，花费 54 枚 SOL（约 8191 美元）购买了 1462 万枚 LAUNCHCOIN。 随后，该交易员陆续将这些 LAUNCHCOIN 全部卖出，换得 16,321 枚 SOL（约 278 万美元）以及 66.6 万枚 USDT，实现了高达 421 倍的回报。</div>

某交易员已清仓28天前花费54 SOL买入的LAUNCHCOIN，获利421倍

According to Mars Finance news, on May 21, as monitored by Onchain Lens, a trader spent 54 <SOL> (approximately $8,191) to purchase 14.62 million <LAUNCHCOIN> 28 days before <LAUNCHCOIN> rose to a market value of over $300 million. Subsequently, the trader sold all these <LAUNCHCOIN>, obtaining 16,321 <SOL> (approximately $2.78 million) and 666,000 <USDT>, achieving a return of up to 421 times.

<div>Mars Finance News, on May 21, according to Onchain Lens monitoring, a trader spent 54 SOL (approximately $8,191) to purchase 14.62 million LAUNCHCOIN 28 days before LAUNCHCOIN's market value exceeded $300 million. Subsequently, the trader sold all these LAUNCHCOIN, obtaining 16,321 SOL (approximately $2.78 million) and 666,000 USDT, achieving a return of up to 421 times.</div>

A trader has liquidated the LAUNCHCOIN that he bought for 54 SOL 28 days ago, making a profit of 421 times

Another case of "address poisoning," causing one user to lose $50 million. Photo: Techradar
The attack caused a shock.
A cryptocurrency user lost nearly $50 million USDT after mistakenly transferring the funds to...

Another case of "address poisoning," causing one user to lose $50 million.

Today we saw gold, silver, and palladium all hit new highs! Since the correction at the end of October, gold has been trading above the 25-35 day moving average; silver is rising along the four-hour moving average; and palladium is rising along the three-day moving average.
Synchronization: This "synchronized new highs" usually signifies the start of a major trend. Gold provides "stability," silver provides "elasticity," while the addition of palladium indicates a dual surge in industrial and investment demand.
In this clear upward trend, trading volume has not weakened significantly and no bearish structure has emerged. Don't try to short the short at the top; otherwise, you'll end up with...

Market Analysis | Gold, Silver, and Palladium Hit New Highs! How High Can They Go!?

Chapter 1: Executive Summary and Industry Landscape Analysis
As of December 19, 2025, the global digital asset mining sector is undergoing the most profound structural transformation since the birth of Bitcoin. With Bitcoin's price retreating to the $86,000 range after reaching an all-time high of approximately $125,000 in October 2025, and the total network hashrate surpassing the 1,000 EH/s mark, mining companies face the dual challenges of compressed profit margins and surging capital expenditures in the "post-halving era."

1.1 Industry Differentiation

Figure 1: Analysis of the Relationship between Hashrate and Market Capitalization of Major Mining Companies in 2025

The above figure clearly shows the current...