The Solana-based meme coin '67' experienced a dramatic price drop of 74% on December 26, following the sale of 20.1 million tokens by a major holder. The transaction, executed by address H4s6, saw the tokens sold at $0.0107, significantly below the initial purchase price of $0.0246, resulting in a $290,000 loss for the seller. This large sell-off eliminated buy orders between $0.005 and $0.019, underscoring the trade's unfavorable risk-to-reward ratio.
Solana Meme Coin '67' Drops 74% After Major Token Sale
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