😱 16.7M turns into 500k! This buddy lost big on FRIEND on FRIEN D—now he wants to buy Friendtech for $1M

There’s a story on-chain that made my scalp tingle—because I’m down too.

The buddy previously spent 5,200 units of $ETH (worth $16.7M at the time) to get 11M FRIEND.

Guess what it’s worth now?
Only $500k remains.

A bloodbath of a $16M loss—his assets basically evaporated by 96%.

And that’s not all—

5 days ago, he transferred these 11M FRIEND tokens to a new wallet, and also bought an extra 124k FRIEND (worth $5,700).

Then today, the news broke: he proposed acquiring Friendtech for $1M and restarting it.

🤯 I honestly didn’t understand this move at all—
down $16M, and still needs to spend another $1M to buy this platform?
Is this ā€œlosing until he develops feelingsā€?