Trader's clearance stop loss for Meme coin: 'I'm stepping into Malaysia' loses nearly 45%

On January 12th, according to GMGN monitoring, a trader continued to buy Meme coin after its market value exceeded 43 million US dollars. 14 hours later, the market value fell to 25 million US dollars. The trader cleared the position in six stop loss transactions and exchanged back 193000 US dollars, resulting in a loss of 157600 US dollars per coin and a loss rate of 44.95%.