A trader 'cut meat' and cleared 45 million LAUNCHCOIN, missing out on $7.3 million in profit

According to BlockBeats, on May 13th, according to Lookonchain monitoring, a trader purchased 45 million LAUNCHCOINs near the top three months ago, spending approximately $828000. But soon after, LAUNCHCOIN plummeted by over 90%. He sold all 45 million LAUNCHCOINs (currently worth $8.2 million) for only $29000, resulting in a loss of $800000.