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Hanbalonwang to Sell All SAT1 Holdings, Compensate Users with 35 ETH Before Exit

2026-05-09 06:30:54

ETH-0.38%

According to Odaily, Hanbalonwang announced on May 9 that he will sell all SAT1 holdings and distribute the proceeds to affected users as compensation before exiting the market. The trader stated his initial investment was 565 ETH, currently valued at 543 ETH. He plans to allocate 35 ETH from SAT1 sales to compensate users based on their loss amounts and percentages, using a snapshot taken between blocks 25047577 and 25055551. Users with losses of 30% or less will not be eligible for compensation.

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