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A trader made about $8.36 million profit by trading PENGU in 20 minutes

According to Lookonchain, a trader made a profit of 36,984 SOLs (about $8.36 million) by trading PENGU in less than 20 minutes. As soon as the PENGU token was launched, the trader bought 239.60 million PENGU for 23,742 SOL ($5.36 million) and later sold it for 60,726 SOL ($13.72 million).