Crypto Tycoon Loses 100 Million! In a Rush, Changes to a 'McDonald's Worker' Avatar, Starts Searching Old Wallets for Money
This news is a bit heartbreaking! A veteran in the crypto world named James Wynn recently pulled a big stunt on social media: he changed his avatar to a 'McDonald's worker' (similar to how we in the Chinese community use 'food delivery' as self-mockery) and posted: 'These days I need to dig through my old wallets to see if there's any spare change to make up some capital; I can't just give up empty-handed.'
Behind this is a real and significant loss—reports say James's crypto assets have shrunk by nearly 100 million USD (about 720 million RMB) from their peak! Losing so much has really shattered his mindset. He even posted a 'confession' an hour ago, saying he knows he's lost control, and his behavior is essentially gambling. The saddest part is that he's afraid others will mock him: 'You can't even hold onto a billion after making it,' and the more he fears losing, the more he wants to recover, falling deeper into the pit.
This isn't a story; it's a real loss for someone! James's experience is an extreme reflection of the severe fluctuations and chilling atmosphere in the current cryptocurrency market. The 'gambler's mentality' is a trap: James himself admitted he's 'gambling.' This hits many people's pain points—the moment investment turns into a desire to 'recover losses,' it likely marks the beginning of a vicious cycle. Worrying about being mocked for 'not being able to hold onto a billion' makes him even more reluctant to cut losses in time, thinking 'I'll recover some before I stop,' resulting in a bigger hole.
The absurdity of searching old wallets: 'Scrounging through old wallets' sounds like a joke, but behind it is a helpless act of desperation. This action itself carries a strong market signal: even the once-great tycoons are out of resources, starting to look for remaining 'bullets' in the corners.
This tycoon, who changed his avatar to a labor position after losing hundreds of millions and started searching through his old wallets, his struggle and self-narration have become a living warning case in the current cold atmosphere of the crypto market. The market is cruel, emotions are the devil; being sober is always better than losing everything. The small money in the old wallet probably won't save the big hole.
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