Analyst: Eugene went long on ETH at the dip during the wick, with a cost of around $3,474.
Jinse Finance reported that, according to on-chain analyst Ai Yi (@ai_9684xtpa), well-known trader Eugene chose to go long at a low position during the ETH flash crash, with a long entry cost of around $3,474. The analyst noted that Eugene had previously advised investors to "hold back," but was the first to take action during this market volatility.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ZEC briefly reached 510 USDT, with its market capitalization hitting a new all-time high.
Circle updates terms of service to allow "legal" firearm purchases with USDC
Circle updates USDC policy to allow legal gun purchases, sparking debate over stablecoin neutrality
