He had earned more than $10 million! He made a wrong investment in the wrong altcoin and incurred losses - Coin Bulletin

Blockchain analysis platform Lookonchain announced that a crypto whale suffered a significant loss due to purchasing the wrong token, despite making millions of dollars in profit.

The whale accidentally incurred a loss of 298 SOL (about $63,400) by mistakenly buying the autospores token.

This whale, known for successful transactions, recently made significant profits. However, in its recent purchase, it mistakenly bought autospores instead of the spores token. This mistake dealt a blow to both its financial loss and reputation. Please provide the text to be translated These types of errors frequently seen in the crypto world once again highlight the need for even the most experienced investors to be careful. The whale, after realizing the mistake, sold the autospores tokens in hand and bought spores immediately. However, in this process, they incurred a total loss of 298 SOL.

The previous transactions of Balina were quite successful. This investor who made millions of dollars in profit with his purchases, tried to minimize his loss by acting quickly in his last mistake. However, this clearly shows how critical automatic transactions and correct token selections are in the crypto markets.