#Huang Licheng transferred out 1000 ETH.#
Hot Topic Overview
Overview
Machibigbrother, the founder of Machi Big Brother, recently transferred 1,000 ETH (approximately $3.22 million) to Binance. His wallet now holds only 11 million FRIEND tokens (approximately $597,000). Previously, Huang had been consistently buying FRIEND, but is now facing a loss of $15 million.
Ace Hot Topic Analysis
Analysis
According to The Data Nerd, Machibigbrother (Huang Licheng) transferred 1,000 ETH (approximately $3.22 million) to Binance about 40 minutes ago. Currently, his wallet only has 11 million FRIEND tokens (approximately $597,000) remaining. This indicates that Huang Licheng may be selling his ETH holdings to offset his huge losses on FRIEND tokens. Previous reports showed that Huang Licheng had been continuously buying FRIEND, but is now facing a $15 million loss. This event has raised concerns in the market about the FRIEND token, and its price has dropped significantly. It remains unclear whether Huang Licheng's move signifies a decline in his confidence in the FRIEND token, and how he will handle his remaining FRIEND tokens in the future.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Huang Licheng transferred 1000 ETH to Binance, equivalent to about 3.22 million US dollars.
Huang Licheng's 11 million FRIEND tokens are only worth 597,000 US dollars.
Huang Licheng has been continuously buying FRIEND, and has already lost 15 million US dollars.
Huang Licheng may be selling ETH to cover the loss of FRIEND.