On-chain figures from GMGN show that BonkGuy, also called Unipcs, has dumped his entire JINQIAN position and taken a loss of about $118,700. He built the position through three separate buys, putting in roughly $147,600 in total. His average entry market cap came in at about $29.658 million, and he got out at roughly $5.839 million. That works out to a loss of 80.42%. After the trade, BonkGuy wrote on social media, "Sometimes you just have to accept the loss."

BonkGuy Exits JINQIAN, Loses ~$118,700 or 80%
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News EditorOn-chain data from GMGN shows that trader BonkGuy (Unipcs) has sold his JINQIAN holdings, losing approximately $118,700. He invested about $147,600 in three buys, with an average entry market cap of $29.658 million, and sold at a market cap of $5.839 million, a loss of 80.42%. He later commented, "Sometimes you just have to accept the loss."
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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