This is a painful reminder that patience matters in crypto.
He spent $443K worth of $ETH to buy 7.99M PONS tokens , sold after the drop for $135K, and took a $308K loss.
Those same tokens are now worth around $3.46M.
Of course, nobody can know in advance which token will eventually make that kind of move. But panic selling after FOMOing into a position can turn a temporary drawdown into a permanent loss.
The lesson for me is simple: manage your risk, invest only what you’re prepared to lose,...
Ethereum’s $2,500 level is facing an interesting test. 👀
Leverage has almost disappeared combined Binance + Bybit OI fell 90.9%, from $1.12B to just $102M.
Yet $ETH is still holding near $2,500.
Meanwhile, U.S. spot ETH ETFs saw around $1.5B of inflows in 10 days, led by BlackRock’s ETHA.
But there’s a supply-side risk: one whale moved 40,881 ETH (~$100.7M) to major exchanges.
So the key question now:
Can spot demand from ETFs absorb potential whale selling and keep ETH above $2,500?
#E...