Closed my $RNUT position earlier today.



Here's why: spotted the top holders got in way below 10k. They've already turned less than 3 SOL into over 1,000 SOL combined. That's insane profit multiples we're talking about.

Now here's the thing - I'm sitting on the sidelines until these whales exit. When wallets with that kind of unrealized gains start moving, the price impact could be brutal. Not trying to catch a falling knife.

Will look for re-entry once the distribution phase plays out. Sometimes the best trade is the one you don't take.
SOL-4.31%
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
  • 5
  • Repost
  • Share
Comment
0/400
StillBuyingTheDipvip
· 12-09 15:58
Smart people know when to cut their losses this time.
View OriginalReply0
NestedFoxvip
· 12-09 15:42
Smart, knows when to run.
View OriginalReply0
ProofOfNothingvip
· 12-09 15:37
Smart people know when to get out. I'm just worried that some newbies can't see through this.
View OriginalReply0
FundingMartyrvip
· 12-09 15:36
Smart people know when it's time to get out. I’ve also seen the big players’ costs—this round is indeed risky.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 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)