According to Lookononchain’s post, a whale fell victim to fomo and made a profit on only one of the 13 altcoin transactions it made.
Accordingly, a whale withdrew 4,248 Solana worth $1.06 million from exchanges to trade altcoins.
The whale traded a total of 13 altcoins in the last two days, earning $231 from just one of them, while the rest all ended in losses.
This whale’s earnings rate was almost 0%, and he earned $231 in just the altcoin Ainti. According to the altcoin trading table, he traded in the altcoins ALON, VINE, YZİ, PASTERNAK, CAINAM, Napster, Test, Ainti, KENVA, AITRUTH, TMC, Listen and Project89.
The whale lost $456.4 thousand on ALON and $254.5 thousand on VINE, for a total loss of $892 thousand.
Please don't FOMO.
Someone withdrew 4,248 $SOL($1.06M) from exchanges to trade, and has lost $892K!
Over the past two days, he traded 13 tokens, only one trade made a tiny $231, while the rest were all losses—an almost 0% win rate.
He lost $456.4K on $ALON and $254.5K on… pic.twitter.com/MJqd68lrgq
— Lookonchain (@lookonchain) January 24, 2025
*This is not investment advice.
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