2025-12-26 09:20:20

There has been an interesting story circulating in the crypto world these days.

About six weeks ago, a certain wallet address (FRvv...G4VN) transferred 3 million units of a politically related token from a major exchange. It quickly gained attention and became the largest individual holder in the ecosystem (not counting project lock-up contracts or liquidity pools). At that time, these 3 million tokens were valued at up to $22.69 million, making it quite a proud moment.

And what happened next? Just yesterday, the tokens were transferred back.

50 minutes ago, this major holder moved all 3 million tokens into a major exchange, preparing to cut their position. However, the market was uncooperative, and the token’s price has been declining from recent highs. Now, those 3 million tokens are worth only $14.88 million.

One word: loss.

They lost $7.81 million directly. From holding to cutting losses, this guy played the role of a high-position bagholder. The decline was nearly 34%. Quite harsh.

This incident also serves as a reminder that even large-scale holders can get caught if they misjudge the timing. The market never softens just because you have a lot of money.

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TideReceder

· 2h ago

Haha, this is the legendary high-position bagholder, $7.81 million just gone like that. --- Even big players have to kneel; everyone sees the market the same way. --- I just want to know how this guy is feeling right now. Still feeling lucky to have cut at a relatively high position. --- What's going on with this coin? Why has it been falling like this? --- Losing so much indicates that more than one person has misjudged the direction. --- A 34% drop over six weeks, good thing I didn't use leverage. --- By the way, who is behind this address? Seems like an institution. --- Another one educated by the market. When will they learn to cut losses?

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RektButAlive

· 2h ago

Haha, this guy is really a perfect example of catching the top. $7.81 million just disappeared like that. Does it hurt?

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RooftopReserver

· 2h ago

Haha, this guy really just became the bag holder; 7.8 million disappeared in an instant. --- Even big investors can't escape the fate of cutting losses; misjudging the rhythm is pointless. --- This is what you call having lots of money but no brains; market education is just in time. --- 3 million coins have fallen to this point... You must be really desperate to buy at such a high level. --- Wait, this brother probably still wants to buy the dip, huh? He's really going to the rooftop. --- Having lots of money can't save the fate of the bag holder, hilarious. --- A 34% drop directly gave him a profound lesson; serves him right.

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NFTragedy

· 2h ago

Haha, this guy is really terrible. Over 7.8 million just disappeared, and he still thinks he's a big shot.

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rugged_again

· 3h ago

Haha, another high-position bagholder... This is the crypto world, no matter how much money you have, you can't save your vision.

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