Wallet 0xfc78 made a move last night, selling a total of 607.5 BNB (about $547,000) to buy 3.27 million tokens. And the result? The price has been plummeting since launch. The current on-paper value has been cut in half to $390,000, with an unrealized loss of $157,000. This is the true picture of on-chain gambling—big players enter, retail investors chase high, and in the end, whoever takes the last hit will be the one crying. Just look at the stability of mainstream coins like $BTC and $ETH, and then think about the risks of these new tokens; you should have a clear understanding. As more participants enter the digital asset market, risk education is never outdated.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#MSCI未排除数字资产财库企业纳入范围 Whales are dumping again
Wallet 0xfc78 made a move last night, selling a total of 607.5 BNB (about $547,000) to buy 3.27 million tokens. And the result? The price has been plummeting since launch. The current on-paper value has been cut in half to $390,000, with an unrealized loss of $157,000.
This is the true picture of on-chain gambling—big players enter, retail investors chase high, and in the end, whoever takes the last hit will be the one crying. Just look at the stability of mainstream coins like $BTC and $ETH, and then think about the risks of these new tokens; you should have a clear understanding.
As more participants enter the digital asset market, risk education is never outdated.