According to PANews, a trader recently made a significant financial misstep involving the purchase and sale of GNON tokens. On October 19, Onchain Lens reported that the trader bought 12.15 million GNON tokens for 10 SOL, equivalent to $1,505. However, just one minute later, the trader sold the tokens for 7.32 SOL, or approximately $1,113, resulting in a loss of $392.
Interestingly, the current value of these GNON tokens has surged to over $1.37 million. Had the trader held onto the tokens, they could have potentially retired with a substantial profit. This incident highlights the volatility and unpredictability of the cryptocurrency market, where fortunes can be made or lost in a matter of minutes.
