Trader Loses 90.7% After Building GOLD Position During Market Cap Rise

An on-chain analyst said the address Emxhs...euZMP spent $72,700 to build a GOLD position while the token’s market capitalization was below $40 million. According to Odaily, the address later added another $18,100 after a follow-up post was deleted and rumors of a hack circulated, bringing total investment to more than $90,000. The address is now down $82,400, with assets shrinking 90.7%.