So the question is how many people are gonna wake up and see their limit orders filled and want to cash out vs. how many are gonna turn bullish?
A whale dumb enough to give away $150,000 is not going to buy back in lower, but may buy in higher in a few weeks.
A whale dumb enough to give away $150,000 is not going to buy back in lower, but may buy in higher in a few weeks.
Dude. "Rich" and "dumb" are enemies. One can be both things only for a short period of time. And this one is surely rich. On whether he is soon to be poor, that has to be proven.
So far all we know is that he had 5.5 million to spend, and he burned 150k in the process.
You don't live in a country with a Royal Family then?
That was my first thought--"unless you are born into royalty, in which case "rich" and "dumb" are permanent and inseparable!"