Recent on-chain data shows that the wallet address of a co-founder of a leading exchange has acquired a significant position in DONE tokens. According to public blockchain records, the address starting with 0xf5df currently holds approximately $18 million worth of DONE.

The exposure of this position has once again drawn the community’s attention to the movements of large holders. It's well known that the wallet activities of industry leaders are often seen as one of the indicators of market sentiment. Although we can't determine the exact timing or cost of the acquisition, the size of this position clearly demonstrates their confidence in the project.

That being said, the transparency of on-chain data is part of Web3’s appeal, but it also puts the actions of these large holders under the spotlight. For regular investors, it’s more important to view this information rationally rather than blindly following the crowd.