Crypto KOL "Bonk Guy" transferred his $20 million USELASS holdings to a centralized exchange and went long on $23.06 million USELASS with 2x leverage on the Lighter platform. The reasons for the transfer include that publicly revealing holdings is not beneficial to the project and poses security risks. He emphasized that he will continue to hold USELESS until it reaches a historical high.

PANews March 4 News, according to Arkham monitoring, the on-chain assets of crypto KOL "Bonk Guy" have shrunk by $20 million since the peak holdings at the end of 2024, and have a floating loss of $15 million since the peak of the USELESS token in July 2025, but he is still holding. He not only has not reduced his holdings of USELESS (currently valued at $1,180), but also retains his DOGE position that helped him reach the top in 2024 (currently valued at $85,600).