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Fu Bao: A Premature Departure From Grace

In the span of merely sixty minutes, Fu Bao experienced what most tokens spend weeks achieving—a catastrophic 29.9% hemorrhage of value. Here we observe a curious specimen: technically alive, yet functionally deceased, having burned through $352,953 in volume whilst its illiquid corpse of $9,797 remains pinned beneath the weight of 519 increasingly bewildered holders. One can only admire the efficiency with which the top 10 wallet holders orchestrated what appears to be nature's most candid demonstration of coordinated exit liquidity.