According to Lookonchain, a trader created a new wallet and spent 15,132 SOL ($2.80 million) buying Pnuts and FRED in the past 2 hours. Spent 11,582 SOL ($2.14 million) buying 17.35 million Pnuts at $0.12. Spent 3,550 SOL ($657,000) buying 68.97 million FRED at $0.0095.