Big Brother Huang Licheng sells all BLUR, loses $3.16 million.

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Big Brother Huang Licheng sells all BLUR, loses $3.16 million.

Big Brother Huang Licheng (machibigbrother) has finally decided to part ways with his love-hate relationship with the BLUR token. In the past, he was a strong supporter, but also frequently criticized Pacman, the founder of Blur, for various policy decisions. Despite this, he would still invest heavily in BLUR tokens and continue to provide liquidity for the protocol.

Brother Huang Licheng, also known as machibigbrother, has finally decided to part ways with the BLUR token that he both loved and hated. In the past, he once strongly supported it while also frequently criticizing Pacman, the founder of Blur, for various policy decisions. Despite this, he would still heavily invest in BLUR tokens and continue to provide liquidity for the protocol.

With the NFT market in a slump and trading activities subdued, Huang Licheng has called for adjustments to the Blur mining rules.

According to online analysis, Brother Huang Licheng has transferred 18.4 million BLUR tokens to the Binance exchange, worth approximately $3.13 million. Based on his previous purchase cost, he has incurred losses amounting to $3.16 million.

Brother Huang Licheng's Other Holdings: BLAST and FRIEND Suffer Heavy Losses

Following disappointing airdrops, Blast quickly lost its appeal. Brother Huang Licheng holds 275 million BLAST tokens, valued at around $4.45 million, resulting in losses of approximately $1.5 million.

Similarly, the SocialFi social protocol Friend.Tech's token FRIEND, which has recently seen user numbers dwindle to single digits, has also fared poorly. Brother Huang Licheng owns 8.8 million FRIEND tokens, worth about $1.71 million, and has suffered losses of $13.8 million.

Massive losses! Huang Licheng angered by the rewards in the second season of Blur: FXXX; the third season of Blast will soon begin.