According to Odaily, an investor known as Huang Licheng (@machibigbrother) has been purchasing FRIEND tokens since May 3rd, resulting in a substantial financial loss. Huang bought a total of 8.6 million FRIEND tokens at an average price of $1.81 each, spending 4,975 ETH, equivalent to $15.6 million. However, due to the current price of FRIEND tokens, he has incurred a loss of $7.9 million. This case serves as a stark reminder of the risks associated with investing in volatile digital currencies.
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