ChainThink report, on December 26, according to GMGN monitoring, at 9:00 AM today, a top-tier wallet address (H4s6) on the Solana blockchain liquidated its entire position of 20.1 million tokens of the Meme coin "67" in a short period, triggering a flash crash. The price of "67" plummeted by 74% from $0.019 to a low of $0.005, before rebounding to approximately $0.014.

The wallet had previously accumulated the position with $514,000 at an average entry price of around $0.0246. Due to sustained downward pressure on the token's price, it exited the position at an average sell price of $0.0107, resulting in a loss of approximately $290,000, representing a loss rate of 56.1%. During this dumping event, the wallet rapidly swept all buy orders within the $0.005 to $0.019 range, enabling swift exit from the position.