Quote from: krishnaverma on January 24, 2025, 01:28:29 PM

Came across this post

https://coinmarketcap.com/community/post/350653574/

I cannot verify the authenticity though but data seemed interesting.

Here are details :

Profitable Addresses:

$10M+: 28 addresses

$1M–$10M: 424

$10k–$1M: 16,791

$1k–$10k: 50,636

$0–$1k: 259,429

Losing Addresses:

$0–$1k: 486,421

$1k–$10k: 65,763

$10k–$1M: 16,571

$1M–$10M: 367

$10M+: 33

The math doesn’t add up because this tally doesn’t consider the liquidity available on exchange. Those losses are genuine but those profit is not accurate since the price will dump immediately once those 10K - 10M$ range profit start to cash out which means the other address in profit will turn into lose due to price decreases.

There’s no way the liquidity on exchange will absorb that tokens without affecting the price. Price dump significantly when Trump cashout his tokens which is same scenario when other whales follow.

The tally will be accurate if the number of losers will be significantly higher than in profit not like that considering the price decrease almost 70% of its value from ATH.