GCR Wakes Up to Claim CULT Airdrop

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Legendary trader Gigantic Cassocked Rebirth, better known as GCR, reawakened after eight months of on-chain inactivity on his public wallets to claim his Milady CULT token airdrop. The airdrop was distributed to holders of NFTs launched by Remilia Corporation, including the Milady Maker and Redacted Remilio Babies NFT collections.

The reactivation of GCR’s wallet carries weight beyond the simple dollar value of the transaction. In the cryptocurrency markets, "smart money" addresses are monitored by thousands of automated trading bots and analysts looking for alpha. When a trader of this caliber breaks a long period of dormancy to interact with a specific ecosystem, it is often interpreted as a bullish signal. The market views this not just as a claim of funds, but as a tacit endorsement of the Remilia ecosystem, suggesting that one of the most profitable minds in crypto is paying attention to this specific sector again.

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GCR, who is known to have an extensive collection of 150 Milady Maker NFTs, received 174.903M CULT tokens, which are currently worth just over $1M. As of writing, he is still holding all of his claimed tokens. 

GCR is known for his large and concentrated bets on his theses, including his famous bet against the algorithmic stablecoin, TERRA, in 2022. He bet $10M against the Terraform Labs founder, Do Kwon while simultaneously shorting the asset LUNA, on the now defunct exchange, FTX.

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Furthermore, his choice to hold the tokens rather than immediately liquidating them distinguishes his behavior from typical airdrop recipients. Airdrops are frequently viewed as "free money," leading to immediate sell pressure that often suppresses a token's price shortly after launch. By retaining the $1M allocation, GCR aligns with the "diamond hand" ethos of the Milady community. This inaction is a strategic signal in itself, implying that he views the CULT token as a potential high-conviction play rather than a short-term liquidity event, consistent with his history of holding positions that contradict the broader market consensus.