The trader has liquidated the LAUNCHCOIN purchased 28 days ago for 54 SOL, realizing a 421x gain.

BlockBeats News, May 21st, according to Onchain Lens monitoring, a trader spent 54 SOL (about $8191) to purchase 14.62 million LAUNCHCOIN 28 days before LAUNCHCOIN surged to a market value of over $300 million.

Subsequently, the trader gradually sold all of these LAUNCHCOIN, exchanged for 16,321 SOL (about $2.78 million) and 666,000 USDT, achieving a whopping 421x return on investment.