The address that bought 5.203 million MELANIA at $0.13 liquidated its position, making a profit of about $43 million

Odaily News According to on-chain analyst Yu Jin’s monitoring, an address purchased 5.203 million MELANIA at $0.13 in the second minute of MELANIA’s deployment, and sold his last 1.47 million MELANIA in exchange for 4.52 million USDC 30 minutes ago.
At this point, he bought MELANIA at $0.13 and sold all of them at an average price of $8.36. The cost of $680,000 turned into $43.52 million, achieving a 63-fold profit.