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Huang Licheng's FRIEND Position Loss Exceeds $16M, Plans $1M Acquisition of Friend.tech

OdailyOdaily
ETHUSDT--

Odaily News: Huang Licheng (@machibigbrother) previously spent about 5,200 ETH, worth $16.7 million, to buy 11 million FRIEND tokens, which are now worth only $500,000, with losses exceeding $16 million. Today, Huang Licheng offered $1 million to acquire Friend.tech and plans to restart it. On-chain data shows that Huang Licheng transferred 11 million FRIEND tokens to wallet 0x3205 five days ago and has since purchased an additional 124,873 FRIEND tokens, worth $5,700.

This content is for informational and educational purposes only and does not constitute investment advice related to BTCC. BTCC makes every effort but cannot guarantee the truthfulness, accuracy, or originality of the content above.