A sniper address paid a large network fee to trade PAIN, losing 2540 SOL

According to Lookonchain, the sniper paid 2,501 SOL ($430,000) and spent 15,000 SOL ($2.58 million) for 107,212 PAINs. He then sold all 107,212 PAINs for 14,961 SOLs ($2.57 million), losing 2,540 SOLs ($436,000).