According to Lookonchain, a Solana whale sniper incurred a significant loss of 8,586 SOL (about $1.48 million) on a WATCHCOIN trade. The trader paid 669 SOL (approximately $116,000) in fees and invested a total of 17,800 SOL ($3.09 million) to acquire 47.83 million WATCHCOIN tokens. Ultimately, the sniper sold all the tokens for only 9,883 SOL ($1.72 million), resulting in a realized loss of $1.48 million. This incident highlights the high risks of on-chain sniping strategies in the Solana ecosystem, emphasizing the importance of due diligence and risk management for crypto traders. Such large-scale losses can impact liquidity and sentiment around both WATCHCOIN and SOL, prompting short-term volatility. Source: Lookonchain via Twitter, solscan.io/account/7GSgXJ.

According to EmberCN, pump.fun transferred 132,000 SOL (worth $22.88 million) in accumulated transaction fees to Kraken six hours ago. This continues their established pattern of moving SOL to exchanges every one to two weeks. Over the past year, pump.fun has sold approximately 3.868 million SOL, totaling $701.76 million at an average price of $183.3 per SOL (source: EmberCN via Twitter, 2025-05-11). Traders should closely monitor these periodic large transfers, as they often coincide with short-term increases in sell-side pressure on the SOL price and can create volatility opportunities. The consistent offloading of SOL by pump.fun, one of the largest fee-generating platforms in the Solana ecosystem, signals significant ongoing liquidity entering centralized exchanges, which may affect SOL market depth and short-term price trends.