Trader "114514" who entered at the peak liquidates positions and cuts losses, with over 93% of principal evaporated
BlockBeats News, January 8, according to GMGN monitoring, a trader accumulated a position in the meme coin "114514" after its market cap surpassed a high of $46 million, spending a total of $49,300 in 12 transactions. After the market cap dropped below $3 million yesterday, the trader liquidated the position and stopped the loss, selling for only $2,894.79, resulting in a loss of $46,200 and a principal evaporation of 93.77%.
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