A trader opened the market to snipe the Meme coin 3AC and made a profit of $1.5 million in just 7 hours

BlockBeats reported that on September 28, according to Lookonchain monitoring, a trader spent 238 ETH (about $641,500) to snipe 28.03 million 3AC when Meme coin 3AC was first opened for trading. Then he sold 24.95 million 3AC at 799 ETH (about $2.15 million). He made a profit of 561 ETH (about $1.5 million) and now holds 3.08 million 3AC (about $369,000).