Gold Finance reported that data tracked by Arkham showed that two days ago, when SAVM was launched, more than $3 million in ETH tried to snipe at the Token immediately after the liquidity was deployed. The largest sniper Address0x278 bought 2 million SAVM for $333,000 and sold it for a total of $1.7 million in the next half hour. He needed to pay about $350,000 to get the transaction into the block, but ended up making more than $1 million in just 40 minutes.
The second largest Address invested only $220,000, and since it was the second place, it only received 450,000 SAVM Tokens. Still, he had to pay nearly $300,000 to the block generator to complete the transaction. He sold most of the SAVM in the first 3 hours, totaling $1.4 million, but he still had $120,000 in his account. The total profit is just over $1 million.
The last sniper spreads the purchase across multiple accounts, using 5 accounts to buy about 15 ETH each. He spent a total of 90 ETH to buy 191,000 SAVM Tokens and gradually sold them over the next 9 hours for a total of 618.4 ETH ($1.5 million).