According to CoinMeta, CZ officially announced the cessation of using his public wallet, stating that due to the continuous influx of unrequested meme tokens, cleaning it up was almost impossible. Several traders had been monitoring this wallet to obtain trading signals; one of them, upon discovering that the wallet was burning $marscoin, immediately bought in and made a profit of $282,000, with a return rate of 29 times. CZ stated that he would donate the remaining tokens to Giggle Academy before abandoning the address, as attempting to burn the unrequested tokens only resulted in more token waste and further speculation about its on-chain activities.