I just mentioned this to a friend: one address made $692,000 in five days by closing a 25x leveraged ETH short.
He asked what I thought, and I told him: this has happened several times before, usually with different levels of buzz.
I generally treat this kind of news as a plus, not as a reason to buy or sell.
I’ll make a note of it and compare in a couple of days.
$ETH is now at 2239.59; I’ll keep an eye on it. Do people usually chase this kind of news?
#ETH
He asked what I thought, and I told him: this has happened several times before, usually with different levels of buzz.
I generally treat this kind of news as a plus, not as a reason to buy or sell.
I’ll make a note of it and compare in a couple of days.
$ETH is now at 2239.59; I’ll keep an eye on it. Do people usually chase this kind of news?
#ETH