majority of this position was closed yesterday when the TP order was triggered below $.25.
closing the rest of the position today.
there could be more downside, but I'm happy to take home +40%.
16.7% ($100mm) of $1inch to be unlocked on June 2, while vol past 30 days averaged $15mm/day, and -2% spot depth on major exchanges <$1mm.
$0.4 ▶️ $0.25 over 1-2 weeks is programmed
so you got tokens from the OP unlock,
would you sell to the low, where the entire market dumps ahead of the unlock,
or would you hold and sell to the big news in a few days?
16.7% ($100mm) of $1inch to be unlocked on June 2, while vol past 30 days averaged $15mm/day, and -2% spot depth on major exchanges <$1mm.
$0.4 ▶️ $0.25 over 1-2 weeks is programmed