I took a look at the profit orders (#GSTOCK ) — there really are a ton.
I have to say, this group of people are truly diamond hands. They’re not really selling aggressively; it just dips a little every day, and it’s currently stable at around 20M.
Most likely, many people are waiting to get on Alpha before they reduce their positions or just run. So if they get on Alpha, the selling pressure should be especially heavy. I think this is also one of Binance’s reasons for not rushing to launch Alpha.
Plus, the official team added another 200k in liquidity yesterday, and considering the SZN2 airdrop plan—whether intentionally or unintentionally,
all of the above is what’s causing the shakeout (wash trading).
What we’re worried about now is panic selling. If a big player decides not to wait and starts dumping, that could really be severe, even triggering a chain reaction. Because everyone has enough profit. Some people are still doing T, so their cost is even lower—many of them aren’t afraid of selling.
Let’s see how they’ll solve it. Hopefully everyone wins and it ends well.
#跟着锦鲤学打百倍金狗 $币安人生
Follow Web3 Koi Diary — the coins you buy can go up tenfold
I have to say, this group of people are truly diamond hands. They’re not really selling aggressively; it just dips a little every day, and it’s currently stable at around 20M.
Most likely, many people are waiting to get on Alpha before they reduce their positions or just run. So if they get on Alpha, the selling pressure should be especially heavy. I think this is also one of Binance’s reasons for not rushing to launch Alpha.
Plus, the official team added another 200k in liquidity yesterday, and considering the SZN2 airdrop plan—whether intentionally or unintentionally,
all of the above is what’s causing the shakeout (wash trading).
What we’re worried about now is panic selling. If a big player decides not to wait and starts dumping, that could really be severe, even triggering a chain reaction. Because everyone has enough profit. Some people are still doing T, so their cost is even lower—many of them aren’t afraid of selling.
Let’s see how they’ll solve it. Hopefully everyone wins and it ends well.
#跟着锦鲤学打百倍金狗 $币安人生
Follow Web3 Koi Diary — the coins you buy can go up tenfold