CoinVoice recently learned that according to Lookonchain monitoring, WallStreetBaby deployers earned nearly 5,000 SOL (about US$810,000) by sniping and dumping WSB in just one hour.

The deployer deployed 1 billion WSB, added 600 million WSB and 400 SOL to liquidity, and 400 million WSB remained. Before opening trading, the deployer created 32 wallets and distributed 643 SOL to 32 wallets. These 32 wallets successfully snapped up 362 million WSB (36.2% of the total supply) when trading started.

The deployer then quickly sold 362 million WSB (about $708,000) at a price of 4,371 SOL. In addition, the deployer distributed the remaining WSB to more than 100 wallets. The deployer has earned nearly 5,000 SOL so far. [Original link]