An address made a profit of $87,000 by adding $6 PENGU and $1,100 SOL to the liquidity pool
Arkham monitoring found that before PENGU launched its mainstream liquidity pool on Solana, an address purchased $6 worth of PENGU and added it to Raydium paired with $1100 worth of SOL.
Afterwards, multiple users attempted to buy tokens at a highly unfavorable price through the liquidity pool when PENGU went live. In this position, the address received $87,000 in profits from SOL and PENGU.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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