Lookonchain
One trader lost $907K across two FOMO trades in a single day, selling $MEME and $SLINK positions well below their entry values.
The first trade used $916.5K to buy 7.28M $MEME at $0.126. It was sold for $353K, locking in a $563K loss, or 61.45%.
The second trade used $356K to buy 8.93M $SLINK at $0.04, then exited for only $12K. That loss came to $344K, or 96.62%, bringing the combined realized loss to $907K.
Source: [DeBank | Your go-to portfolio tracker for Ethereum and EVM](https://debank.com/profile/0x010496b7017b9ed0c8e9c2ecebdc7d6b325c4af1)
Frequently asked questions
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How much did the $MEME trade lose?
The trader spent $916.5K on 7.28M $MEME at $0.126 and sold for $353K, locking in a $563K loss, or 61.45%.
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What happened to the $SLINK position?
The trader spent $356K on 8.93M $SLINK at $0.04 and exited for $12K, a $344K loss equal to 96.62%.
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How much did the trader spend across both positions?
The entries totaled $1.2725M: $916.5K went into $MEME and $356K into $SLINK.
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Which trade had the larger percentage loss?
The $SLINK trade had the larger percentage loss at 96.62%, compared with 61.45% for the $MEME trade.
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What were the entry prices for $MEME and $SLINK?
The trader bought $MEME at $0.126 and $SLINK at $0.04.
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