On January 15, according to GMGN monitoring, a trader began continuous buying after the Meme coin “I’m Coming” surpassed a market cap of 39 million USD, spending a total of 99,700 USD to build a position. After the token’s market cap fell below 17 million USD, they sold in batches to cut losses, having sold enough to recover 26,200 USD, and still holding “I’m Coming” worth 11,000 USD, currently at a loss of 62.25%. Previously, the trader entered Meme coins “Cultivation,” “Financial Freedom,” and “Meme Rush” at their peaks, with losses of 63,800 USD, 60,500 USD, and 54,500 USD respectively. BlockBeats note: Meme coin trading is highly volatile, heavily reliant on market sentiment and hype around concepts, with no real value or utility. Investors should be cautious of risks.
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High-level position building "I'm coming" trader sells to stop loss, capital withdrawal exceeds 60%
On January 15, according to GMGN monitoring, a trader began continuous buying after the Meme coin “I’m Coming” surpassed a market cap of 39 million USD, spending a total of 99,700 USD to build a position. After the token’s market cap fell below 17 million USD, they sold in batches to cut losses, having sold enough to recover 26,200 USD, and still holding “I’m Coming” worth 11,000 USD, currently at a loss of 62.25%. Previously, the trader entered Meme coins “Cultivation,” “Financial Freedom,” and “Meme Rush” at their peaks, with losses of 63,800 USD, 60,500 USD, and 54,500 USD respectively. BlockBeats note: Meme coin trading is highly volatile, heavily reliant on market sentiment and hype around concepts, with no real value or utility. Investors should be cautious of risks.