A top-performing Binance futures trader, known as "Gou Da E", has successfully exited a month-long position in MYX, securing a $30,000 profit. Initially trapped in a long position during MYX's first surge on August 8, the trader held on until September 7, when MYX experienced another significant rise. Choosing to close the position at $2.27, the trader opted for a strategic exit rather than risking further volatility.
Despite MYX's impressive 161% gain over the past 24 hours, the decision highlights the difficulty of timing the market perfectly. The trader's move underscores the challenge of buying at the lowest point and selling at the peak, a feat few can achieve consistently.
Top Binance Trader Exits MYX Position with $30,000 Profit
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