Back then, we thought this was a king-level 'insider trading' account, but after tracking it for 5 months, turns out this guy is just a pure bronze-tier 'stubborn retail investor'! Guys, remember that mysterious CODEC address we dug up in mid-January, the one flagged by OKX as an 'insider trading' account? Well, it's time to check its performance: This isn’t insider trading—this is a bottomless pit! The halving disaster: From January until now, this guy has doubled down with a total investment of over $40K. And the result? A paper loss of nearly $20K (-48.78%), with his funds literally cut in half. Buying the dip: Despite being trapped in this epic loss, he hasn’t sold a single token. In fact, just 17 hours ago, he was still adding to his position! He’s managed to average down his cost from $0.0072 in January to $0.0047 now. Turns out, just because an address is labeled 'insider trading' on-chain doesn’t mean it’s a whale taking you to profit—it could just be a retail investor stubbornly holding on halfway up the mountain. So, does everyone understand this wave of 'value investing' now? ⚠️ Important reminder: The on-chain data tracked in this post is purely for entertainment and review purposes. It does NOT constitute any investment or financial advice. Blindly trusting on-chain labels or copying trades can easily lead to heavy losses. The crypto market is extremely risky, so please always do your own research (DYOR) and protect your wallet!