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MIRA's largest holder: once launched the test Tokenzero, dumping 40% of the supply to obtain 444 SOL, all of which were used for repurchase and completely destroyed
Odaily Planet Daily News According to Siqi Chen (@blader), the largest holder of MIRA Token, in a post on X, he said, "I previously launched a test Token called zero with the instruction 'this will drop to zero...do not buy', thinking that people would see it and not buy it. I didn't expect everyone to see it but still bought it. I thought this was something I needed to explain in a post. Then I panicked and sold 40% of the supply, making about 444 SOL tokens. I repurchased every penny (444 SOL) I earned and then destroyed everything I owned, so the community knows I didn't make any profit from it at least. I'm really sorry about this, I'm still learning how all of this works.
ZachXBT, a detective on the chain, pointed out that Siqi Chen used the same excuse a few days ago. Chen responded, "I did it this way, but please check the on-chain data. I didn't profit from it. This risk-reward doesn't make sense to me. I did it deliberately, you should understand."