Huang Licheng bought BLAST and became the largest personal whale! Will the tragedy of FRIEND's blood loss happen again?

Blast, the Ethereum Layer 2 project launched by Pacman, the founder of NFT trading platform Blur, has been highly anticipated by the community. Blast finally conducted its first airdrop event at 10 pm on the 26th, distributing 17 billion $BLAST, accounting for 17% of the total coin supply. However, after BLAST was officially launched, the price of the token was not as expected (the pre-market price was about 0.03 US dollars) and once fell below 0.02 US dollars. It was not until 2 o'clock this morning that it started a wave of shock and rose. It is currently quoted at 0.027 US dollars, and the current total market value is 4.7 billion, with a fully diluted valuation (FDV) of US$2.74 billion, which is slightly inferior to other L2 projects.

Brother Maji bought BLAST and became the largest personal whale

But although BLAST was criticized last night after the currency was issued, Brother Maji Huang Licheng was not afraid of going against the market, buying BLAST in large quantities, and on the Blast ecological DEX protocol Thruster. BLAST provides liquidity. According to Lookonchain data, Huang Licheng has so far spent a total of 1,491 ETH (approximately US$5 million) to buy 198 million BLAST, with an average purchase price of US$0.025. This makes him the largest individual holder of BLAST. If at the current price Converted to US$0.027, the current profit is nearly US$400,000.

Brother Ma Ji did not come forward to explain the reason for buying BLAST, but he had also spent a lot of money on Blur, the NFT trading platform launched by Pacman, and ranked first in the standings. Maybe he already has inside information about the next development of BLAST, so he is very confident about the future token price?

Huang Licheng lost $10 million when he bought FRIEND

Previously, Huang Licheng continued to buy FRIEND and became the largest individual currency holder of FRIEND. However, according to Lookonchain data, Huang Licheng suffered heavy losses on FRIEND. From May 3 to June 8, he spent a total of 4,975 ETH ($15.6 million) to buy 8.6 million FRIEND, and has now lost more than $10 million. It remains to be seen whether buying BLAST will be a smart investment this time, or whether it will make the same mistake as FRIEND.

The status of FRIEND held by Huang Licheng’s address

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