[A newly created wallet sold RALPH tokens purchased for $470,000, incurring a loss of $355,000] According to Lookonchain monitoring, 11 hours ago, a newly created wallet FYqRpV spent 470,000 USDC to purchase 10.19 million RALPH tokens. Shortly after the purchase, the price of RALPH plummeted. The wallet sold all 10.19 million RALPH tokens for only 114,861 USDC, incurring a loss of $355,000 within a few hours.