Crypto KOL "Bonk Guy," who has suffered a paper loss of $20 million, announced that he has transferred all of his USELASS holdings to a CEX.

CoinFeed reported on March 5th that, according to Arkham's monitoring, crypto KOL "Bonk Guy," who previously suffered a paper loss of $20 million, announced that he has transferred all of his USELASS holdings to a centralized exchange. Simultaneously, he went long on USELASS on the Lighter platform with 2x leverage, worth $230,600, corresponding to a market value of approximately $43.4 million at the time of opening the position. This trade currently shows a paper profit of $16,000. Arkham jokingly suggested that he should now be called "USELESS Guy."