Lookonchain Says Trader Turned 11 SOL Into About $337,000 Profit on ASTEROID
According to Lookonchain (blockchain analytics platform), the trader bought 158.51 million ASTEROID through three wallets and sold most of the position for 1,539 SOL in less than two hours.
SOL
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Terms & Concepts
SOL: The native token of the Solana blockchain, used for transaction fees and trading within its ecosystem.
Wallet: A blockchain account used to store, send, and receive digital assets such as tokens.
On-chain analytics: The analysis of public blockchain transaction data to track wallet activity, token flows, and trading behavior.