An address chased the high and bought the Meme coin MAX, investing $72,800 and losing $53,900, for a return of approximately -69.6%

Odaily reports: According to monitoring by on-chain analyst Ai Yi, an address chased the high and bought the Meme coin MAX, and continued to add to its position as the price fell, with cumulative investment of approximately $72,800. As of the time of monitoring, the address had cumulatively bought approximately 9.4 million MAX across 53 transactions and had not yet sold, holding the position for about 5 hours, with an unrealized loss of approximately $53,900 and a return of approximately -69.6%.