I used to want to jump in whenever I saw news like this. Now I take a moment to observe first.
I just came across a post saying that a certain whale’s BTC and ETH long positions, worth around $140 million, were liquidated, resulting in realized losses of over $49 million. It’s a somewhat negative development, so confidence for the day is bound to take a hit. The fundamentals still need a closer look.
$BTC I’ll keep watching.
#BTC
Crypto markets are volatile, so don’t take on too large a position.
I just came across a post saying that a certain whale’s BTC and ETH long positions, worth around $140 million, were liquidated, resulting in realized losses of over $49 million. It’s a somewhat negative development, so confidence for the day is bound to take a hit. The fundamentals still need a closer look.
$BTC I’ll keep watching.
#BTC
Crypto markets are volatile, so don’t take on too large a position.