Eugene: Long position was "liquidated" this time, has exited the trade
BlockBeats News, February 1st, trader Eugene Ng Ah Sio posted in his personal channel, saying, "It seems that this time we were actually the ones being 'harvested.' I'm pulling out first."
BlockBeats previously reported that on January 30th, trader Eugene Ng Ah Sio posted in his personal channel, saying, "This morning, I have redeployed a position of a relatively reasonable size. In the recent continuous market onslaught, it seems that even the most steadfast bulls have been liquidated. Emotionally, we can clearly see a lot of frustration and surrendering liquidations (along with many people calling for even lower prices). In my opinion, the risk/reward for a long position here is quite good, with a clear stop-loss below $80,000. I don't believe that crypto assets will underperform all risk assets in the long term. The current high probability is that we are at the end of this relatively weak phase. It's time to fire up again."
You may also like
Stablecoins are the "royalists" of the crypto world: Open USD brings the old currency system into play
Semiconductor stocks plummet, yet Anthropic wants to create a 2nm chip
Where is Zhao Changpeng's billion-dollar investment going? YZi Labs' investment landscape fully revealed
Ethereum Foundation Report: A Basic Guide to Ethereum for Governments and Financial Institutions
A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI
When American giants collectively "defect" from Chinese AI models
BIS Report Compliance Observation: The Real Risks of Stablecoins, Not Just "Depegging"
Portugal 2-1 Croatia: Ronaldo's 20-Year Knockout-Stage Drought Ends With a Debt Finally Collected
Portugal beat Croatia 2-1 in the 2026 global football championship's knockout rounds as Ronaldo scored his first-ever knockout-stage goal, Gonçalo Ramos struck a stoppage-time winner, and VAR ruled out a late equalizer for offside.
