There’s a Chinese guy who branded himself as a “Telegram NFT leader” and constantly preached in groups and channels that everything he bought was basically permanently locked — never to be sold — all in the name of restoring confidence and reviving the Telegram NFT market.

Then after getting scammed out of hundreds of thousands of dollars, the first thing he did was dump a large amount of his staked TON into USDT and move it out.

So much for “long-term conviction.”

And there seems to be a pattern: whenever players win big against his casino operation and liquidity gets tight, he starts selling NFTs to refill the balance sheet. At this rate, seeing him dump more PEPE and other NFT holdings to recover losses wouldn’t be surprising at all.

Looking back now, all the “permanent lock,” “never selling,” and “market savior” talk feels more like branding than belief. Ironically, the first person to lose confidence in the Telegram NFT market seems to be the self-proclaimed leader himself.