. Matrixport: Long Bitcoin, Tight Stop Loss Set.
Matrixport has advised its clients to “long Bitcoin” with a tight stop loss in place, citing that this is the right approach to the current bear market in cryptocurrency.
#longposition
Trader Loses Big: $55M on Ether Long Gone.
Yesterday, an unidentified trader reportedly lost $55M after placing a large long position on Ether. The trader’s reckless gamble has shaken market expectations of crypto volatility and is likely to have caught the attention of institutional players.