A certain whale spent 820,000 USDC to buy 6.98 million NYC in the past 4 hours.

BlockBeats News, January 13 — According to Onchain Lens monitoring, crypto KOL @old (account has been banned) spent 820,000 USDC to purchase 6.98 million NYC in the past 4 hours. They currently still hold 203,000 USDC and may continue to buy.

Previously reported, former New York City Mayor Eric Adams announced the launch of the "NYC" token after leaving office, stating that the project aims to raise funds to combat anti-Semitism, anti-American sentiments, and promote children's blockchain education. Adams introduced the token to the public at Times Square but did not disclose partners, issuance date, fund usage, or specific mechanisms, only stating that ordinary New Yorkers can participate in the investment.