One notable depositor, known as Machi Big Brother, consolidated a substantial amount of 8,121 ETH and 5,620,000 USDC into the BLAST platform. In exchange for this transaction, he received 2 million BLAST tokens through an airdrop, valued at $55,400.
This transaction comes in the wake of Machi Big Brother's previous investment endeavors. In a similar move, he had previously invested a significant sum in the FRIEND token, utilizing 17 million dollars in ETH for the purchase. Unfortunately, this investment did not yield expected returns and resulted in a loss exceeding ten million dollars.
Despite the setbacks with the FRIEND token, Machi Big Brother's confidence in BLAST remains unwavering. His substantial investment and current position as the primary retail investor indicate his positive outlook on the token. The outcome of BLAST compared to FRIEND is still uncertain.
This case underscores the high-risk nature of cryptocurrency trading, where significant gains or losses can occur rapidly. Investors like Machi Big Brother continue to engage in bold moves within the market, presenting opportunities and challenges for all participants.
