【Block Rhythm】Recently, another interesting on-chain story has unfolded. On January 8th, according to on-chain data tracking, a certain address quickly offloaded shortly after a Chinese Meme token launched on a leading spot trading exchange — dumping 607.5 BNB, equivalent to approximately $547,000, in one sweep to acquire 3.27 million tokens.
It sounds like they rushed in to make a gamble. But now? The book value of this investment has already shrunk to around $390,000. In other words, within a short time, they’ve already suffered an unrealized loss of $157,000. This operation was certainly painful.
In fact, this situation is all too common in the crypto space — the frenzy when new coins launch often results in rapid pullbacks. Although large buyers hold substantial positions, once market sentiment reverses, liquidity evaporates instantly, and account balances can turn from green to red faster than people can react. This is exactly why many people say that chasing new coins requires caution, as risks and rewards always come paired together.
オンチェーンのクジラがLightningを使ってMemeトークンを購入後に急落、15万7000ドルの含み損の詳細
【Block Rhythm】Recently, another interesting on-chain story has unfolded. On January 8th, according to on-chain data tracking, a certain address quickly offloaded shortly after a Chinese Meme token launched on a leading spot trading exchange — dumping 607.5 BNB, equivalent to approximately $547,000, in one sweep to acquire 3.27 million tokens.
It sounds like they rushed in to make a gamble. But now? The book value of this investment has already shrunk to around $390,000. In other words, within a short time, they’ve already suffered an unrealized loss of $157,000. This operation was certainly painful.
In fact, this situation is all too common in the crypto space — the frenzy when new coins launch often results in rapid pullbacks. Although large buyers hold substantial positions, once market sentiment reverses, liquidity evaporates instantly, and account balances can turn from green to red faster than people can react. This is exactly why many people say that chasing new coins requires caution, as risks and rewards always come paired together.