An address earns 22,379 SOLs worth $2.1 million in less than 20 minutes via WATER

According to Lookonchain monitoring, an address earned 22,379 SOLs worth $2.1 million via WATER in less than 20 minutes. The address reportedly spent 16,900 SOL ($2.1 million) to acquire 612 million WATER tokens (22.71% of WATER in the pool) in a run on the same block where the deployer added liquidity, and then sold all of the WATER tokens for 39,279 SOL ($5 million), making a profit of 22,379 SOL ($2.9 million) in less than 20 minutes. The entire process took less than 20 minutes.