Huang Licheng has bought 8.048 million FRIEND since May 3, with a floating loss of US$7.95 million

According to the analysis of on-chain analyst Yu Jin, as reported by Golden Finance, Friend tech co-founder Racer is preparing to migrate Friend tech from Base Chain to another chain, which has caused a 30% drop in the price of FRIEND. Meanwhile, Huang Licheng, who has been buying FRIEND all the way up since its launch, currently has a floating loss of $7.95 million (52%) on FRIEND: Huang Licheng has been continuously buying FRIEND since May 3, spending a total of 4,873 ETH (15.35 million US dollars) to buy 8.048 million FRIEND, with a comprehensive cost of $1.9. However, the current price of FRIEND is only $0.92.