According to Foresight News, a trader recently experienced a substantial loss after purchasing COOL with SOL. The trader spent approximately 1600 SOL, equivalent to about $217,000, to buy COOL. However, within just 30 minutes, the trader suffered a loss of about 1067.42 SOL, which is approximately $152,000, and sold out. This incident serves as a stark reminder of the volatility and risks associated with cryptocurrency trading.