BlockBeats reported on Sept. 1, citing data from the FOMO page, that crypto KOL XXAntiWar has posted an update on his "Niulai" position. Six hours before the report, he wrote, "No more drops," and shared a screenshot of his holdings. Based on the latest figures, his total "Niulai" position is now showing an unrealized loss of more than $500,000, a drawdown of 25%.
The position had previously shown a large paper gain
The same trade had earlier become a focus of discussion in the crypto community. Two days ago, XXAntiWar chased the move higher and bought 17.56 million "Niulai" tokens when the project’s market capitalization was about $86 million. A few hours later, Binance announced that it would soon list "Niulai" contracts. His position at one point showed an unrealized gain of more than 47%, with peak paper profit topping $860,000.
Past trading record had already stirred debate
BlockBeats said XXAntiWar’s previous trading results had at one stage triggered controversy in the community, with his TRUMP and TST trades drawing particular attention.
TRUMP trade once showed more than $10 million in paper profit
In TRUMP, his position once showed unrealized profit of more than $10 million. On Jan. 18, 2025, XXAntiWar used 25,800 SOL, worth about $6 million, to buy 701,000 TRUMP at an average price of about $8.5. He then sold 221,000 of those tokens within three hours at an average sale price of about $19.1, bringing combined realized and unrealized profit at that time to about $10.19 million.
Later, other on-chain analysts published a higher estimate, saying his total sales reached about $34.8 million and profit exceeded $27 million.
TST trade moved from loss to profit
On the day TST was listed on Binance Alpha, XXAntiWar also made a large purchase that initially went underwater. On Feb. 9, 2025, after TST went live on Binance Alpha, his address bought immediately. An associated wallet spent 5,089 BNB, worth about $3.17 million, to acquire 16.25 million TST at an average price of about $0.195, leaving the position with an unrealized loss of about $1.13 million at that point.
Later the same day, Binance announced a TST spot listing. The token price briefly rose to about $0.4, and his holdings at one point showed unrealized profit of about $3.18 million.
XXAntiWar had previously warned about trading risk
BlockBeats noted that XXAntiWar had responded publicly and warned about risk on the same day TST was listed on Binance. In that post, he said readers should not focus only on seeing others make money, added that several of his smaller wallet accounts had already been tagged as "big retail losers," and wrote that "it does not mean any token bought at the top can just go on to list on Binance." He also acknowledged that he had previously lost nearly $500,000 trading jellyjelly.