In a significant transaction, Huang Licheng, widely known as “Big Brother Ma,” has transferred 1000 ETH to Binance, valued at approximately $3.22 million, as reported by TheDataNerd on January 13th. Following this transaction, his digital wallet now comprises merely 11 million FRIEND tokens, equating to a total worth of about $597,000. Notably, Huang has established himself as the largest individual holder of FRIEND tokens since May of last year, acquiring the asset at an average price of $1.95. Currently, FRIEND is trading at $0.055, reflecting significant fluctuations in its market performance. This movement not only underscores Huang’s ongoing investment strategy but also highlights the relentless volatility inherent in the cryptocurrency market. Stakeholders are advised to monitor these trends closely to make informed decisions.
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