logo

Eugene: Long position was "liquidated" this time, has exited the trade

By: theblockbeats.news|2026/02/01 09:00:30
0
Share
copy

BlockBeats News, February 1st, trader Eugene Ng Ah Sio posted in his personal channel, saying, "It seems that this time we were actually the ones being 'harvested.' I'm pulling out first."

BlockBeats previously reported that on January 30th, trader Eugene Ng Ah Sio posted in his personal channel, saying, "This morning, I have redeployed a position of a relatively reasonable size. In the recent continuous market onslaught, it seems that even the most steadfast bulls have been liquidated. Emotionally, we can clearly see a lot of frustration and surrendering liquidations (along with many people calling for even lower prices). In my opinion, the risk/reward for a long position here is quite good, with a clear stop-loss below $80,000. I don't believe that crypto assets will underperform all risk assets in the long term. The current high probability is that we are at the end of this relatively weak phase. It's time to fire up again."

You may also like

The Evolutionary History of Contract Algorithms: A Decade of Perpetual Contracts, the Curtain Has Yet to Fall

The ten-year evolution of perpetual contracts: from pulling the plug on 312 to the shocking short squeeze of TRB, a deep dive into the pricing machine that averages $200 billion daily, written with countless liquidations and real money, detailing the blood and tears of risk control theory.

Kicked out by PayPal, Musk aims to make a comeback in the cryptocurrency market

Cashtags generated a trading volume of 1 billion dollars just a few days after its launch, marking a strong start for Musk's super app strategy. For the cryptocurrency market, X's layout may be one of the most anticipated sources of retail growth after the meme coin craze subsides.

Solana ETF News: What Is a Solana ETF and Why Is Goldman Sachs Betting $108 Million on SOL?

Solana ETF news today shows Goldman Sachs disclosed a $108M position while total SOL ETF inflows reached $1.45B. Analysts now expect up to $6B in institutional demand as Solana trades 71% below its all-time high.

Bitcoin ETF News Today: $2.1B Inflows Signal Strong Institutional Demand for BTC

Bitcoin ETFs news recorded $2.1B inflows over 8 consecutive days, marking one of the strongest recent accumulation streaks. Here’s what the latest Bitcoin ETF news means for BTC price and whether the $80K breakout level is next.

Michael Saylor: Winter is Over – Is He Right? 5 Key Data Points (2026)

Michael Saylor tweeted yesterday “Winter‘s Over.” It is short. It is bold. And it has the crypto world talking.

But is he right? Or is this just another CEO pumping his bags?

Let us look at the data. Let us be neutral. Let us see if the ice has really melted.

WEEX Bubbles App Now Live Visualizes the Crypto Market at a Glance

WEEX Bubbles is a standalone app designed to help users quickly understand complex crypto market movements through an intuitive bubble visualization.

The Joker is back
Bigger pools, auto-play, lucky buffs.
The Joker is backJoin now and grab your rewards.

Popular coins

Latest Crypto News

17:42

SATA stocks purchased 69 BTC after reaching a face value of 100 dollars yesterday

Strive's stock SATA purchased approximately 69 BTC after reaching a par value of 100 dollars yesterday. In the past 2 days, SATA has purchased a total of 137 BTC.
17:42

Glassnode: Hyperliquid sees strong bullish sentiment from large whales for BTC's subsequent market trends

Glassnode tweeted that the whales on Hyperliquid have been anticipating a price breakthrough in this range. Over the past two months, their confidence and long positions have continued to increase, indicating a strong bullish sentiment among large perpetual contract traders.
HYPEHYPE
--
17:42

Kelp: rsETH recovery has made progress, with a remaining gap of about 89,500 ETH

KelpDAO announced on platform X that since April 18, it has been coordinating with Aave and ecological partners to advance the recovery work for rsETH holders. The initial gap of this incident was 163,200 ETH, and Kelp has currently recovered 40,300 rsETH, equivalent to about 43,000 ETH. The Arbitru...
ARBARB
--
GLMGLM
--
AAVEAAVE
--
17:42

India promotes the application of the digital rupee through welfare pilot programs and advances the BRICS central bank digital currency interconnection plan

India is promoting the application of the digital rupee through about 10 welfare pilot projects, distributing part of the approximately $80 billion in subsidies and food benefits via e-rupee to reduce fund leakage and corruption, and to provide a clearer use case for central bank digital currency.At...
16:42

BIT: The current indicators for Bitcoin are generally positive, but the upward momentum may still be disturbed by periodic risk factors before entering the target range

BIT tweeted that in the past two issues of the "Biton Target" report, we hinted that the bear market phase of Bitcoin may be nearing its end. Signals from multiple time dimensions are gradually forming resonance, supporting this judgment. When this judgment was made, Bitcoin was approaching the down...
BTCBTC
--
Read more
Community
iconiconiconiconiconiconicon

Customer Support Bot：@WEEX_support_smart_Bot

VIP Services：support@weex.com