A trader closed out all positions in Solana-chain meme tokens, incurring cumulative losses exceeding $1 million with a zero win rate.

On October 20, according to on-chain monitoring by Lookonchain, on-chain trader @Jelitics has fully liquidated all of their Meme token holdings. Data shows the trader traded 12 tokens on the Solana network, with all transactions resulting in losses, a win rate of 0%, and cumulative losses exceeding $1 million.