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Once a life winner, it now seems to be quietly stepping away.
A recent move by a wallet address has attracted market attention—10 hours ago, this holder deposited 18 million tokens into a major exchange, equivalent to approximately $2.496 million at the current price. The deposit was set at $0.1386.
What do you think of this move? It feels a bit nostalgic.
The history of this address's holdings is as follows: from October 7 to October 8, 2025, it began its first round of accumulation, then continued adding until November 18. Throughout the entire accumulation period, the average cost was likely at a relatively low level. But no one knew what would happen next.
The token price has fallen from a peak market cap of $522 million to the current $102 million. The decline is so significant that it prompts anyone to reevaluate their investment decisions.
What does depositing into an exchange usually mean? Many people understand—either preparing to scoop up other assets at the bottom or genuinely wanting to shed this burden. From a bustling hot spot to a project now ignored, it’s a test for any holder.
Stories like this are played out every day in this market.
The exchange's tactics... Hmm, it sounds like either trying to bottom fish other coins or really planning to run away.
In plain terms, it was a bad gamble, and now it's hard to turn things around.
This kind of story plays out every day in Web3, and I've long been numb to it.
Even deploying at low levels can't save it; it still depends on the subsequent actions.
Winners turn into losers, it's really just a matter of a moment.
The actions of the deposit and withdrawal office... everyone who understands knows—either bottom fishing or really wanting to get out.
From 2.52 billion to 102 million? That's crazy.
This happens every day, get used to it.
Routine operations in the crypto world when things go wrong—who's next?
Even at low average costs, it can't save you—it's absurd.
Crowded with people, then suddenly nobody cares—how ironic.
Investing $2.496 million and throwing it out—how desperate must that be?
Sometimes bottom fishing backfires and makes you the bagholder—I totally get it.
This is the true picture of crypto; there's nothing surprising about it.
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Just surrendering to the exchange, 18 million coins dumped directly. That's pretty harsh.
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From 522 million down to 102 million. No wonder everyone is fleeing. Who can withstand this?
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If I had known earlier, I wouldn't have been so greedy and added more. Now it's too late to regret.
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A typical story of holding at a high position. Take this as a lesson for next time, everyone.
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This guy is also quite unlucky. When he was building his position, no one was optimistic.