BlockBeats news, December 26, according to GMGN monitoring, at 9:00 today, a top address (H4s6) on the Solana chain holding the Meme coin “67” sold off its entire 20.1 million holdings in a short period, causing a flash crash in the price of “67,” which plummeted 74% from around $0.019 to a low of $0.005, and has since rebounded to approximately $0.014.
The address had previously purchased the position with $514,000 at an average price of about $0.0246. Due to the continuous decline in the coin’s price, it ultimately liquidated at an average price of $0.0107, realizing a loss of approximately $290,000, with a loss rate of 56.1%. During this sell-off, the address quickly cleared all buy orders in the range of $0.005 to $0.019, exiting the market rapidly.
