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TechFlow news, on January 7, according to on-chain analysis platform Lookonchain (@lookonchain) monitoring, an investor created a new wallet (address 5CmCRV) and used 250,000 USDT to purchase 8.54 million 114514 tokens at a high price. Subsequently, the price of the token plummeted significantly, reducing the portfolio value to $34,380, resulting in a paper loss of approximately $215,600 for the investor, a decline of 86%.
According to on-chain analysis platform Lookonchain (@lookonchain) monitoring, an investor created a new wallet (address 5CmCRV) and used 250,000 USDT to purchase 8.54 million 114514 tokens at a high price. Subsequently, the token price plummeted significantly, reducing the portfolio value to $34,380, resulting in an approximate paper loss of $215,600 for the investor, a decline of 86%.
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