Trader Loses $186,000 Trading RKC in One Hour on May 12

According to Lookonchain, a trader lost $186,000 trading RKC tokens in one hour on May 12. The trader spent $250,900 to purchase 31.15 million RKC, then sold the entire position for only $62,200 after Roaring Kitty deleted a tweet, triggering a sharp price decline.

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