Data: Huang Licheng holds 11.1 million FRIEND, which has incurred a loss of over 15 million dollars

2024-09-09 10:30:37
Collection

ChainCatcher news, on-chain data shows that Huang Licheng (Machi Big Brother) currently holds 11.1 million FRIEND tokens. Previously, according to Lookonchain monitoring, Huang Licheng invested a total of 4,975 Ethereum (approximately 15.6 million USD) from May 3, 2024, to June 8, purchasing 8.6 million FRIEND at an average price of 1.81 USD.

After that, Huang Licheng continued to accumulate FRIEND in small amounts and provided liquidity for its trading pairs, increasing his holdings to the current 11.1 million. However, the price of FRIEND tokens has significantly dropped, with a current quote of 0.06668 USD at the time of writing. If calculated based solely on the 8.6 million holdings as of June 8, his previous investment of 15.6 million USD is now worth approximately 570,000 USD, resulting in an unrealized loss of at least 15 million USD.

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