Lookonchain Says Solana Trader Lost More Than $1M on 12 Meme Coins

Lookonchain, cited by BlockBeats on Oct. 20, said Solana trader Jelitics lost more than $1 million trading 12 Meme coins. Every trade ended in a loss, according to the report.

Zero-win record

The report put Jelitics’ win rate at 0% across the 12 Meme-coin trades. It gave no per-token breakdown or more precise aggregate loss figure.

All positions sold

Jelitics had sold the entire Meme-coin portfolio by the time of the report. The source described the exit as a sale of the holdings and did not report a liquidation.

Source: BlockBeats flash, citing Lookonchain.