Someone Just Burnt 603 ETH ($1.65 Million), Explains Why Via On-Chain Messages

A recent on-chain event has drawn significant attention in the cryptocurrency community. A single Ethereum address sent 603 ETH (worth approximately $1.65 million) to a burn address, permanently taking the whopping funds out of circulation.

The same address also transferred 1,950 ETH (roughly $5.35 million) to donation addresses, including those associated with WikiLeaks and Ukraine. The individual behind these transactions left cryptic and alarming messages on-chain, alleging large-scale mind control and personal persecution.

What I could find on the guy who burnt millions of dollars and donated millions of dollars 👇:

Total burnt: ~$1,650,000 (603 ETH)
Total donated: ~$5,350,000 (1,950 ETH)

Messages on-chain:

The bosses of Kuande Investment: Feng Xin and Xu Yuzhi used brain-computer weapons to… pic.twitter.com/eQbd7QmZNg

— Loopify 🧙‍♂️ (@Loopifyyy) February 17, 2025

Identifying the Individual

The sender, identifying himself as Hu Lezhi, claims to be a programmer and entrepreneur. His messages suggest a deep sense of despair, stating that he has been “monitored and manipulated” since birth and has suffered increasing harm in recent years.

He describes his situation as unbearable, saying, “I have completely lost my dignity as a human being. I have decided to leave this world.” Cryptic messages attached to transactions are not uncommon, but these are significant because of their potential meaning.

Beyond personal distress, Hu Lezhi makes sweeping allegations about brain-computer interfaces and mass surveillance. He asserts that “brain-computer chips have been deployed militarily on a large scale,” implying that global powers use radio and nano-chips to control populations.

He also warns of new forms of digital slavery, where individuals and even animals are turned into “puppets” of a larger system.

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Allegations Against WizardQuant Leadership

One of the most striking aspects of these messages is the direct accusation against two financial professionals: Xin Feng and Yuzhi Xu, identified as leading figures at Kuande Investment, a Chinese quantitative trading hedge fund known as WizardQuant.

Hu Lezhi alleges that they have used “brain-computer weapons to persecute all company employees and former employees” and even suggests that they are under control. If true, these allegations would cause a major scandal within the quantitative trading industry.

Theories and Possible Motives

Given the scale of the transactions and the content of the messages, several theories have emerged regarding Hu Lezhi’s motivations.

One possibility outlined by Loopify who reported the news on X is that Hu Lezhi had access to company funds from WizardQuant and decided to withdraw and redistribute them in an act of financial sabotage or protest.

Hu Lezhi may have also acted alone, using personal assets to make a dramatic statement. He may have also been suffering from psychological distress, as some of his comments suggest he may be suicidal, leading him to take extreme actions without a rational financial motive.

This message is far different from the regular cryptic messages that make crypto news headlines, and the crypto world is eagerly watching to see what happens next.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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