A newly created address bought RALPH 11 hours ago and suffered a sharp drop, losing about $355,000 within a few hours.
Foresight News reported, according to monitoring by Lookonchain, a newly created address spent 470,000 USDC to purchase 10.19 million RALPH tokens 11 hours ago. Shortly after the purchase, RALPH experienced a sharp drop, and the address sold all 10.19 million RALPH for 114,861 USDC, incurring a loss of approximately $355,000 within a few hours.
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