On the eve of the decision, it wasn’t retail traders who ran first—it was the ones who usually shout the loudest 😅
According to CoinDesk, Arthur Hayes’s Maelstrom fund closed all its directional positions over the weekend
That included 6,400 ETH
The reason was stated plainly: macro and geopolitical risks—they don’t want to be caught exposed ahead of the decision
At the same time, the market hasn’t exactly fallen apart
BTC is still holding around 80,400
The DeFi index is the only index in the green, with UNI and Ethena both up
The market hasn’t crumbled, but the big players have already shifted to the sidelines
I wouldn’t interpret this as a bearish signal
It feels more like a dose of plain truth: when an event like this decision is on the horizon, betting on the direction offers the worst risk-reward
Get it right and you make a quick profit; get it wrong and the past few weeks of gains are wiped out
The big players can always buy back in
Retail traders betting everything on one direction don’t have that kind of margin for error
So I’ll say the same thing tonight: trade less, watch more
There’s no rush to call the direction before the decision is out and Warsh has clarified his comments about December
What would you do?
Close out and wait on the sidelines before the decision, or keep your positions and take a gamble?
$BTC $ETH
#市场观察 #WhaleMoves
Not investment advice. DYOR. Trading involves risk.
According to CoinDesk, Arthur Hayes’s Maelstrom fund closed all its directional positions over the weekend
That included 6,400 ETH
The reason was stated plainly: macro and geopolitical risks—they don’t want to be caught exposed ahead of the decision
At the same time, the market hasn’t exactly fallen apart
BTC is still holding around 80,400
The DeFi index is the only index in the green, with UNI and Ethena both up
The market hasn’t crumbled, but the big players have already shifted to the sidelines
I wouldn’t interpret this as a bearish signal
It feels more like a dose of plain truth: when an event like this decision is on the horizon, betting on the direction offers the worst risk-reward
Get it right and you make a quick profit; get it wrong and the past few weeks of gains are wiped out
The big players can always buy back in
Retail traders betting everything on one direction don’t have that kind of margin for error
So I’ll say the same thing tonight: trade less, watch more
There’s no rush to call the direction before the decision is out and Warsh has clarified his comments about December
What would you do?
Close out and wait on the sidelines before the decision, or keep your positions and take a gamble?
$BTC $ETH
#市场观察 #WhaleMoves
Not investment advice. DYOR. Trading involves risk.