「Brother Ride or Die」 Huang Licheng suffered the second highest loss in a single-asset investment on PUMP, just behind FRIEND, making it his second biggest losing project

By: theblockbeats.news|2025/07/25 12:42:23
0
Share
copy

BlockBeats News, July 25th, according to on-chain information, "Brother Whale" Huang Licheng's 5x PUMP long position has already led to a paper loss of $8.66 million.

This has made PUMP his second largest single coin loss project. The first-ranked one is FRIEND.

From May 3rd to June 8th last year, Huang Licheng spent a total of 4,975 ETH (about $15.6 million) to purchase 8.6 million FRIEND tokens at an average price of $1.81. This FRIEND holding is currently worth only $310,000, already in a paper loss of at least $15 million.

-- Price

--

You may also like

Hong Kong Crypto Ecosystem 2.0: Stablecoins, RWA, and the New Battleground for Financial Institutions

Hong Kong is no longer just a bystander in the cryptocurrency industry, but may become the core hub of the compliant cryptocurrency market in the Chinese-speaking world and even the entire Asia-Pacific region.

Polymarket Arbitrage Bible: The Real Gap is in the Mathematical Infrastructure

While retail investors are still engaged in simple probability addition, top quantitative teams are systematically harvesting millions of dollars in arbitrage profits on Polymarket using hardcore mathematical infrastructure such as integer programming and Bregman projections.

Crypto Barbarians Jupiter Series: Still Owes the Market an Answer

This entrepreneurial team from Singapore and Malaysia has indeed demonstrated its product execution capabilities to the market over the past three years, but they have also fully arbitraged every regulatory gray area with their business logic.

Bank Card Payment vs. Stablecoin Payment: Which is More Suitable for AI Agents?

Using bank cards to serve humanity and relying on stablecoins for high-frequency micro-trading with machines: Setting aside camp biases, a mixed payment architecture is the ultimate goal of AI entities in business.

Zuck is really out of touch! He actually acquired a dated Lobster-based social platform?

The asset pool Meta can now touch is not on the same level as it was in 2012

Key Market Information Discrepancy on March 11th - A Must-See! | Alpha Morning Report

1. Top News: Iran Reportedly Plants Mines in the Strait of Hormuz, Trump Warns of "Unprecedented" Military Strike 2. Token Unlock: $IO

Popular coins

Latest Crypto News

Read more