Feb 20 (edited) • General discussion
Whales keep selling
As you can see, guys, we're going through a rough time in the ecosystem. If you find this boring, stressful, or negative in any way, let me remind you: this is another opportunity. We should not view it as a setback.
Patience pays off big time.
Due to the inability to earn yield as before, RH has decided to push everyone toward one of two choices: either thinking long-term by staking for an extended period to demonstrate commitment or dumping their bags now and leaving for good.
This approach ensures that we attract long-term-minded individuals while reducing selling pressure on the way up. It’s like taking off in a snowstorm - you have to clear the runway first. Once the snow is gone, we’ll be ready to skyrocket.
This cycle can repeat itself month after month (RH should continue staking HEX for 30 days).
Meanwhile, whales keep pressuring prices:
https://debank.com/profile/0xc8368e30f76ed75a354cb5583823cb9b4d31a02d/history?chain=pls&token=0x2b591e99afe9f32eaa6214f7b7629768c40eeb39_HEX%28fork%29 can't blame this person, they waited for 5 years for this.
All of this is an opportunity to take advantage of the best prices and capitalize on them.
By the way, the whale we were discussing has just ended their stake.
GET READY FOR BLOOD
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Whales keep selling
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