🐋 Money is voting with its feet:
“PONS is down nearly 70%, and Bonk Guy’s portfolio has shrunk from $26 million to $10.4 million.”
After news like this breaks, I ask three money-related questions:
1. Which way are active buyers and sellers leaning?
2. Can trading volume at $PONS ($64.39 million in 24h) increase significantly?
3. Are whales making large transfers off exchanges?
Only when all three point in the same direction has the news been validated by the money; otherwise, it’s mostly just sentiment-driven volatility.
The same news can be interpreted very differently by people in different positions.
#PONS
“PONS is down nearly 70%, and Bonk Guy’s portfolio has shrunk from $26 million to $10.4 million.”
After news like this breaks, I ask three money-related questions:
1. Which way are active buyers and sellers leaning?
2. Can trading volume at $PONS ($64.39 million in 24h) increase significantly?
3. Are whales making large transfers off exchanges?
Only when all three point in the same direction has the news been validated by the money; otherwise, it’s mostly just sentiment-driven volatility.
The same news can be interpreted very differently by people in different positions.
#PONS