Crypto Trader Loses $465.6K Despite Using Sniping to Get Profits on $XZYThe data discloses that the trader potentially utilized an automated bot for sniping $XZY tokens right after Kanye West shared a post mentioning it. Immediately after that mention, the crypto sniper carried out the buyout while expecting a potential spike in the token’s price. Nonetheless, the trader who used the wallet address “ESeWz…..j9xx6d” did not get any gains. On the other hand, this activity resulted in a staggering loss of nearly $465.6K.

As per the market statistics, the outcomes of the $XZY tokens were not favorable, as the price suddenly plunged. Following a sheer dip in price, the trader went through a massive loss of almost 60.3% over the investment. In line with the data, the sniper initially purchased up ot $755.7K in $XZY. However, following the rapid price slump, the trader could only recover just $300K out of the respective amount.