We can no longer trade cryptocurrencies with our old mindset.
For example, with Spacex going public, Musk's chosen Spacex mascot Asteroid is already about to go to zero https://t.co/oA0G1Zu3k2
We can no longer trade cryptocurrencies with our old mindset.
For example, with Spacex going public, Musk's chosen Spacex mascot Asteroid is already about to go to zero https://t.co/oA0G1Zu3k2
This ASTEROID Whale Is Getting Absolutely Crushed 😬. Catching a falling knife is one thing. Holding it all the way down is another.
As $ASTEROID continues to slide, whale 0xaa92 is now sitting on a brutal unrealized loss of approximately $1.53 million, wiping out about 84% of the position's value.
The trader originally spent around $1.81 million accumulating 4.21 billion #ASTEROID .
Today... That entire stack is worth just $263.48K. Ouch.
What's crazy is how quickly things can unravel in low-cap tokens. One minute you're building a multi-million dollar position, convinced you've found the next big winner. A few weeks later, you're staring at a portfolio that's lost more than four-fifths of its value. And yet, the wallet hasn't fully exited. Which means this whale is either still holding onto hope for a recovery... or simply refusing to lock in the loss.
Current situation:
• Bought: 4.21B ASTEROID, Total Cost: $1.81M, Current Value: $263.48K, Unrealized Loss: More than $1.53M (-84%)
Buying address: 0xaa922d35e68a4b6b1631b61a8fb0471c4a9767ab
Holding address: 0xdccfB0fa09250F6a9e3A38197536d4c45914Feb6
As $ASTEROID continues to drop, whale 0xaa92 is now down $1.53M(-84%).
The whale spent $1.81M to buy 4.21B $ASTEROID, which is now worth only $282K.
https://t.co/u8fDMIRWD8 https://t.co/eVGI7m6yyf
Whale 0xaa92, who went heavy into $ASTEROID, lost $1.16M in just 20 days!
20 days ago, this whale spent $1.81M to buy 4.21B $ASTEROID.
Now it is worth only $649K, meaning he has lost $1.16M.
https://t.co/6tlLBxx9rK https://t.co/5fcv1wfbao