According to CoinMeta, CZ announced that he would abandon his most popular wallet on the blockchain. About 965,000 US dollars in assets left the address he was using to test Trust Wallet 4 hours ago, including 1,440 BNB (worth approximately 872,000 US dollars) and 182,620 Binance Life coins (worth about 93,000 US dollars), all of which were transferred to the wallet Giggle Academy. He stated that this address was overwhelmed with a large number of unrelated meme coins, and attempting to destroy these coins would only attract more of them, with each action being overly interpreted by those who were monitoring it. Therefore, he decided to donate the remaining assets and permanently abandon this address, effectively turning it into a destruction address.