Key Points:
Lookonchain has identified two SmartMoneys that have been performing exceptionally well on GMX.IO. Following their trades could be very helpful in increasing your win rate.
The first SmartMoney has a 100% win rate and has closed its long positions in $ETH and $BTC, making approximately $240K.
The second SmartMoney has a 95% win rate and is currently long $BTC with an entry price of $27,740. Both SmartMoneys began trading with low leverage and small size and gradually increased leverage and size.
In other news, Twitter recently updated its blue bird logo with the Dogecoin image. It is unclear whether this is a permanent change to the logo or just a temporary gesture from Elon Musk to keep the DOGE community engaged. Nonetheless, the change has caught the attention of the crypto world.
Spot On Chain reported that two gigantic whales transferred out a total of 1.57 billion $DOGE at $0.094 (~$147.4M) when the $DOGE price surged after Elon Musk’s Twitter changed logo to the meme coin. These whales acted quickly and were just 3 minutes apart. The $DOGE price fell to $0.09 afterward but has since recovered to $0.095.
One of the whales, DFGAac, cleared out all of its 918M $DOGE ($86.6M), which used to rank #17. Its current balance is now 0 $DOGE, and it realized a profit of $15.8M. The other whale, DDuXGM, partly moved out 650M $DOGE ($61.3M) but still ranks #5. Its current balance is 3.79B $DOGE ($367M), and it is expected to realize a profit of $80.1M.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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