Bluwhale
BLUAI · detected 4 days ago
StatusClosed
Detected at$0.01235024▼ 8.0%in 24h
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The move that put this coin on our radar.
Since detection$0.01206961▼ 2.3%
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Price change since this swing was detected.
Voting closed
End result▼ DOWN
13 votesLatest news about Bluwhale
No recent news found for this coin.
Discussion
Log in to commentSold at the bottom and now an expert
Selling into a token that's burning through emissions with no real yield backing it isn't being wrong at the bottom, it's cutting losses before the next leg down.
Been hearing that exact sentence about 40 different tokens since 2018, some of them are still around.
Survivorship bias aside, the ones that made it through had a macro tailwind at their back, right now the DXY isn't rolling over and liquidity is still being drained, so the historical comparison doesn't hold.
Scaled out before this got ugly. When correlation risk starts climbing, you cut size, not after.
Emissions already wrecking it, classic