Founder of the Equation: Closed Position XPL long order, reduced position of SOL long order by half

robot
Abstract generation in progress

On October 12, Vida, the founder of Equation News, posted on his personal channel that "I have closed the long order for XPL and reduced my long order for SOL by half, only to profit from the rebound after last night's second dip. I don't want uncertain trades in this pattern. In the current market environment, I prefer to hold the $10 million FDV contract meme I bought yesterday for the long term, as it has a clear bottom value to resist falling, while large coins lack clear bottom support." Previously reported, Vida stated on his personal channel this morning that "I went long again with $4 million in SOL at an average price of $175.8; and $500,000 in XPL at an average price of $0.395. This is equivalent to 1/10 of my ammo. This position has no certainty at all; it's just a gamble. My bet is that the market will quickly recover after the U.S. stock market opens on Monday, just like every unfavorable information that has occurred over the weekends before. The crypto market has now averaged a 30% fall, pricing in a bizarre drop of 5% for the S&P 500 when it opens on Monday. However, if the S&P 500 doesn't drop as much as imagined on Monday, then the sentiment will quickly recover."

XPL19.02%
SOL10.58%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)