WallStreetBaby deployers earned nearly 5000 SOL in just 1 hour by shorting and dumping WSB

ChainCatcher news, according to Lookonchain monitoring, the WallStreetBaby deployer earned nearly 5,000 SOL (approximately $810,000) in just 1 hour through sniping and dumping WSB.

The deployer issued 1 billion WSB, adding 600 million WSB and 400 SOL for liquidity, leaving 400 million WSB remaining. Before trading was enabled, the deployer created 32 wallets and distributed 643 SOL across these 32 wallets. These 32 wallets successfully sniped 362 million WSB (accounting for 36.2% of the total supply) at the start of trading.

The deployer then quickly sold 362 million WSB for 4,371 SOL (approximately $708,000). Additionally, the deployer distributed the remaining WSB to over 100 wallets. This deployer has earned nearly 5,000 SOL so far.