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.
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StillBuyingTheDip
· 12-09 15:58
Smart people know when to cut their losses this time.
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NestedFox
· 12-09 15:42
Smart, knows when to run.
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ProofOfNothing
· 12-09 15:37
Smart people know when to get out. I'm just worried that some newbies can't see through this.
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FundingMartyr
· 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.
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.