According to Miles Deutscher on Twitter, many Phantom wallet users have recently experienced significant drops in the value of old tokens, with some seeing perceived balances drop from $100k to $2k after price refreshes (source: @milesdeutscher, June 21, 2025). This highlights the ongoing volatility in the crypto market, emphasizing the importance of real-time price tracking and regular portfolio reviews for traders. Such dramatic swings can affect trading strategies, especially for holders of long-tail and low-liquidity tokens.