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2-hour loss of $110,700: An address bought 6.15 million MARSCOIN on a FOMO rally, then sold it all

2026-08-17 00:41
Odaily Planet Daily News According to Lookonchain monitoring, after CZ burned 4,444 MARSCOIN, an address used 133,000 USDT to chase the rally and bought 6.15 million MARSCOIN. Subsequently, CZ stated that he would stop using his public address to avoid excessive interpretation of his actions by the community, and MARSCOIN dropped by more than 90%. The address ultimately sold all 6.15 million MARSCOIN for only 22,400 USDT, incurring a loss of $110,700 within 2 hours.