Huang Licheng has lost $15 million on FRIEND tokens
According to the information on the chain, Huang Licheng, the eldest brother of Maji, currently holds 11.10 million FRIENDs. From May 3rd to June 8th, Huang Licheng spent a total of 4975 ETH (about 15.60 million US dollars) to buy 8.60 million FRIENDs at an average price of 1.81 US dollars. Since then, Huang Licheng has continued to buy FRIENDs in small amounts and provided relevant liquidity, accumulating to the current 11 million FRIENDs. If only according to the position on June 8 and the current price of FRIEND of 0.06668 US dollars, the FRIEND bought by 15.60 million US dollars is now only worth 570,000 US dollars, and the loss has been at least 15 million US dollars.