PANews reported on December 5 that according to Lookonchain monitoring, a trader spent 551 SOL (US$132,000) to buy 2.75 million HAWKs, but only sold them at 69.5 SOLs (US$16,700), losing 481.5 SOLs (US$115,500). Despite this, the trader did not learn his lesson and spent another 74 SOLs to buy 3.77 million HAWKs, but sold them at 66.6 SOLs, losing another 7.4 SOLs (US$18,000).

Earlier news, crypto influencer Haliey Welch launched the HAWK token, and internal accounts made a profit of $1.66 million.