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Huang Licheng's FRIEND position has incurred a floating loss of at least 15 million US dollars.
BlockBeats news, on September 9th, on-chain information shows that Huang Licheng currently holds a total of 11.1 million FRIEND tokens. According to previous monitoring by Lookonchain, from May 3rd to June 8th, Huang Licheng spent a total of 4,975 ETH (approximately $15.6 million USD) at an average price of $1.81 USD to purchase 8.6 million FRIEND tokens. Since then, Huang Licheng has been continuously buying small amounts of FRIEND tokens and providing liquidity for its trading pairs, accumulating a total of 11 million FRIEND tokens up to now. If only calculated based on the holdings on June 8th and the current price of FRIEND at $0.06668 USD, the FRIEND tokens purchased for $15.6 million USD are now worth only $570,000 USD, resulting in a loss of at least $15 million USD.