On-chain new wallet suffers a massive 86% loss with 250,000 USDT: 114514 tokens held drop from 3.54 million to 34,000

NonFungibleDegen · 2026-01-07T02:20:10+00:00

A new wallet made a large purchase of 8,540,000 tokens of 114514 with 250,000 USDT, but subsequently suffered heavy losses, with the value dropping to only $34,380, a loss of over $215,600, and a loss percentage of 86%. This aggressive investment strategy is common in the crypto space, and investors are reminded to be cautious of risks.

NonFungibleDegen

2026-01-07 02:20:10

Abstract generation in progress

【Crypto World】On-chain analysis data shows that a newly created wallet recently entered the market and hit a big trap. This wallet used 250,000 USDT to sweep in 8,540,000 units of 114514 tokens in one go. Based on the price at that time, this transaction was quite large. But now? The holdings have shrunk to only $34,380, with an unrealized loss of over $215,600.

To put it simply— the loss has reached 86%. Such a wipeout is actually not uncommon in the crypto circle. New wallets, large entries, rapid plummets—this pattern is easy to fall into. According to on-chain monitoring data from Lookonchain, such suddenly aggressive holding strategies often make one the bagholder. This also serves as a warning to later entrants: on-chain monitoring is not just for entertainment; you must learn how to identify risks.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

13 Likes