Trader Eugene: Long SOL at a price of $169

BlockBeats News, May 13th, top trader Eugene Ng Ah Sio announced in his personal channel that he has entered a long position on SOL at a price of $169 — "I still believe this is the best proxy indicator to measure the altcoin market's risk appetite. Once Bitcoin breaks through a key resistance level, it will be one of the assets people are most eager to see set a new all-time high."

Correction/Report

RelatedRecommended

Exclusive Interview with 'Dove' Eugene: In the Crypto World, Survival Always Comes First | In-Depth Conversation

Eugene believes that discovering opportunities relies on experience, trial and error, and nurturing intuition.

VanEck: Why did we apply for the SOL ETF?

SOL may reach $3,211 per coin in 2030

Opinion: Why is a SOL ETF so Hard to Come By?

Given SOL's current market cap and circulation, it's probably going to be tough for these institutions to make money.

From Leading to Lagging: Why SOL Struggles to Keep Up with ETH's Momentum

The True Reasons for SOL Lagging Behind ETH: Treasury Strategy, ETF, and Narrative Gap

What's the Background of the 18 SOL Treasury Companies?

18 companies have participated in the Solana ecosystem by establishing a Solana Treasury, staking SOL tokens, launching Solana-based financial strategies, among other means. Some companies have seen a significant increase in their stock price through these strategies.

On-Chain Activity

38min ago

ByteDance's AI chip development has yet to achieve large-scale deployment after 7 years: post-tapeout performance fell short of expectations, and the person in charge has left.

Meme coin 'mihao' market cap briefly surpasses $24 million, surging over 30-fold in 24 hours.

US pre-market news roundup: Strategy faces MSCI index removal test, Musk ramps up photovoltaic layout, SpaceX attempts rack-level "de-Nvidiaization"

F2Pool co-founder Wang Chun withdrew and staked 3,996 ETH, valued at $8.23 million.

Correction/Report

Submit

Add Library

Visible to myself only

Public

Save

Choose Library

Add Library

Cancel

Finish

Trader Eugene: Long SOL at a price of $169

F2Pool co-founder Wang Chun withdrew and staked 3,996 ETH, valued at $8.23 million.

A certain whale has opened a heavy long position in NVDA and SNDK, with a combined value of approximately $36.9 million.

90% of ZEC long whales are in losses, with multiple whales suffering successive liquidations.

Trader AguilaTrades' BTC trading win rate in one week was only 33%, with a loss of $547,000.