Huang Licheng exchanged 1491 ETH for 198.4 million BLAST

According to Spot On Chain monitoring, Huang Licheng, also known as Brother Maji, exchanged 1491 ETH (worth $4.65 million) for approximately 198.4 million BLAST at a price of about $0.023 per unit. As a major depositor, he transferred 8121 ETH and 5.62 million USDC into BLAST and received an airdrop of 2 million BLAST (worth $55,400). He is now the largest retail holder of BLAST. Previously on May 4th after FRIEND was launched, he spent ETH worth $17 million to purchase this token which has since lost over $10 million in value.