After holding on for a year, he finally broke even—but he didn’t sell. Now he’s cutting his losses, down 3 million.
$ARKM data shows that a year ago, a trader started buying $UNI at an average cost of $9.
It started falling right after he bought. It kept falling for a year.
He must have thought countless times, “Forget it, I should cut my losses.” But he held on.
A few days ago, UNI finally rose back up, and he was finally in profit.
He chose to keep holding. Then UNI fell again.
An hour ago, he withdrew 1.79 million UNI, worth $13.18 million.
Now he’s preparing to cut his losses. If he sells, he’ll lose nearly $3 million.
$ARKM data shows that a year ago, a trader started buying $UNI at an average cost of $9.
It started falling right after he bought. It kept falling for a year.
He must have thought countless times, “Forget it, I should cut my losses.” But he held on.
A few days ago, UNI finally rose back up, and he was finally in profit.
He chose to keep holding. Then UNI fell again.
An hour ago, he withdrew 1.79 million UNI, worth $13.18 million.
Now he’s preparing to cut his losses. If he sells, he’ll lose nearly $3 million.