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Ethereum just got a new mystery wrapped in a riddle, covered in a pile of burning ETH. A user, who goes by “Hu Lezhi,” torched 500 ETH worth $1.65 million and donated another $5.35 million, leaving behind some deeply unsettling on-chain messages. The messages weren’t just your usual crypto degen ramblings. They contained claims about mind control chips, surveillance, and even suicidal thoughts.
The crypto world took notice, with Tron founder Justin Sun and others expressing concern. But in classic Web3 fashion, the internet did what it does best. Someone already launched a meme coin inspired by the incident. Because, of course.
Ethereum User Burns Millions, Sparks Worries (and Memecoins)
A mystery Ethereum user went full send on-chain, incinerating 500 ETH and leaving cryptic messages that read like a dystopian sci-fi novel. Identifying himself as “Hu Lezhi,” the user made wild allegations against Kuande Investment, claiming they used brain-computer weapons to control employees. He also hinted at dark personal struggles and even suicidal intent.
One of the messages read:
“The bosses of Kuande Investment, Feng Xin and Xu Yuzhi, used brain-computer weapons to persecute all company employees and former employees. Even they themselves were controlled. If one day I become a victim of the final stage, I will leave this world.”
This wasn’t just a one-time transaction. Along with burning 500 ETH, Hu donated or burned another 1,647 ETH to organizations like WikiLeaks, Endaoment, and the Ethereum Foundation. That’s $7 million in ETH gone in a blaze of cryptographic glory.
The Ethereum Community Reacts
Hu’s on-chain cries for help triggered a wave of responses. Justin Sun suggested the crypto community hear him out, while others debated whether his messages were a plea for help or something else entirely.
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Meanwhile, Ethereum enthusiasts did what they do best. Tracked wallets, uncovered connections, and tried to piece together the puzzle. Some users linked Hu’s supposed employer, Kuande Investment, to another firm called WizardQuant Capital Management. But here’s the kicker: while the Ethereum world debated mind control conspiracies, a memecoin named “Kuande” popped up overnight. Because nothing screams crypto like turning a potential mental health crisis into a speculative trading opportunity.
ETH Price Moves… But Probably Not Because of This
Despite the chaos, ETH didn’t exactly nosedive (or moon). While the price saw a slight uptick, most analysts believe today’s Ethereum movement was more about Solana drama than Hu’s million-dollar burn-a-thon. Still, it’s hard to ignore the fact that an Ethereum whale just burned and donated more ETH in a day than most people will ever see in a lifetime.
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Final Thoughts: The Ethereum Mystery Deepens
Who is Hu Lezhi? Is this a genius-level crypto protest, a case of extreme paranoia, or something even more bizarre? No one knows for sure. What’s clear is that this Ethereum burn event is one for the history books, complete with mind-control conspiracies, high-stakes donations, and, of course, meme coins.
While the Ethereum community tries to make sense of it all, the hope is that Hu, whoever he really is, gets the help he needs. In the meantime, Ethereum remains undefeated as the best blockchain for wild, unpredictable, and downright strange events.
