List of Flash News about unrealized loss in crypto
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01:56 |
DWF Labs Altcoin Portfolio Performance: $6.43M Spent, 13% Unrealized Loss in 1 Month – Trading Analysis
According to @ai_9684xtpa, in the month since DWF Labs disclosed its secondary market token purchase wallet, the firm has withdrawn seven different altcoins from centralized exchanges with a total investment of $6.43 million. These holdings currently show an aggregate unrealized loss of $850,000, or -13%. Notably, their purchases include 51.15 million JST at an average price of $0.037, among others. Six out of the seven tokens are in a loss position, with only one showing profits, signaling that even large trading entities face significant risk and volatility in current altcoin markets. For traders, this highlights the challenges of timing and selection in the altcoin sector, and underscores the need for careful risk management strategies, especially as large institutional wallets can impact price action. (Source: @ai_9684xtpa on Twitter) |