Portfolio Value and Performance

Strategy’s total investment stands at $46.1 billion, while the current portfolio value has surged to $76.16 billion. These figures correspond to holdings of ₿628,791. With the current Bitcoin price at $121,151, the portfolio’s total market value is maintained at $76,179 million.

Returns and Profit Figures

In the third quarter of the year, the portfolio delivered a return of 4.4%. Year-to-date performance stands at 25%, while the overall gain for 2024 has reached 74.3%. In terms of volume, Bitcoin gains for 2024 total ₿140,538, translating to $13.13 billion in dollar value.

Volatility Metrics

The 30-day historical volatility of the portfolio is measured at 21%, while the one-year volatility is 45%. Implied volatility currently stands at 39%, offering important insight into the portfolio’s risk profile.

Overall, Bitcoin’s impressive performance in 2024 combined with Strategy’s disciplined, long-term approach has been the key driver behind this massive unrealized profit.

You can freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Strategy Records Over $30 Billion in Unrealized Bitcoin Gains! appeared first on Coin Engineer.

By following these rules, you can navigate the cryptocurrency market more confidently, reduce the risk of losses, and build a sustainable trading career. Illustrated with examples, particularly involving Bitcoin and altcoin pairs, these rules are not investment advice but serve as a guiding framework.

1. Make Intuitive but Low-Risk Entries

As you gain experience in futures trading, you start to intuitively sense which prices are cheap or expensive. For instance, if you’ve been closely following a coin like SUI, you might recognize that the 3.40-3.50 cent range offers a strong buying opportunity. However, your entries should always be low-risk. Keep your position size aligned with your budget and avoid excessive leverage.

2. Base Position Closures on Technical Analysis

You can make intuitive entries, but always rely on technical analysis when closing positions. For example, examine resistance levels on 4-hour or daily charts. If SUI has previously reversed at 3.50 and shows resistance there, consider taking partial profits. This secures your gains and prepares you for potential pullbacks.

3. Scale Up Positions with Technical Support

If your position starts losing value, use technical analysis when adding to it. For example, if you bought SUI at 3.50 and the price drops, identify support levels (e.g., 3.30). Add to your position in stages at these levels to lower your average cost, but ensure you don’t exceed your budget.

4. Question the Opposite Scenario

Taking long positions during a market dip or short positions during a rally can be tempting. Always question the opposite scenario. For instance, before going long when prices drop, ask, “Why is the market falling?” Similarly, before shorting, evaluate the potential for further upside. This helps curb emotional decisions.

5. Establish an Exit Strategy

If you don’t use a stop loss, an exit strategy is essential. For long-term positions, assess 4-hour and daily chart candle patterns, funding rates, and position size. For example:

• If the 4-hour candle is negative,
• If the daily candle is negative,
• If funding rates are against you, Close half the position if two criteria are negative, and exit entirely if three are negative. Accepting losses is critical for long-term success.

6. Avoid Positions You Can’t Stop Watching

Large positions often lead to constant chart-checking, which increases stress. Choose position sizes that align with your budget and won’t keep you up at night. Trust the process and avoid excessive risk.

7. Calculate Costs

In futures trading, you pay a funding fee every 8 hours. Some coins may have significantly high funding rates. Before opening a position, calculate funding fees and transaction commissions. You can reduce commissions by using exchange referral links for discounts.

8. Use Orders

Instead of constantly tracking price movements, place buy/sell orders. For example, set an automatic buy order for SUI at 3.50 to act decisively without emotional interference. This keeps your strategy disciplined.

9. Set Alerts, Don’t Track Live

Constantly watching charts increases anxiety. Use platforms like Binance or TradingView to set price alerts for your target levels. This allows you to stay on track without obsessively monitoring the market.

10. Limit Position Size

Your total position size should not exceed three times your futures wallet balance. For example, with a $6,000 balance, limit positions to $18,000 (e.g., $3,000 at 6x leverage). This is a cornerstone of risk management.

11. Avoid Multiple Cross-Margin Trades

Cross margin risks your entire balance. If you’re opening multiple positions, use isolated margin and manually manage your margin. This prevents a loss in one position from affecting others.

12. Avoid Trading on Critical Days

Major events like Fed interest rate decisions or significant announcements (e.g., Donald Trump’s crypto-related talks) can cause sharp market moves. Avoid opening positions during these times.

13. Monitor Liquidation Levels

Examine liquidation levels, especially for Bitcoin, as they increase the likelihood of price spikes. Analyze the last three days of liquidation data to manage your risk effectively.

14. Take a Market-Wide View

Study Bitcoin dominance, Tether dominance, and total market cap (Total 3). For instance, if Bitcoin dominance is declining, shorting may not be logical. A broader market perspective leads to better decisions.

15. Focus on Position Size, Not Leverage

Using $10 with 100x leverage is equivalent to $100 with 10x leverage. The key is to keep your total position size appropriate for your budget.

16. Don’t Follow the Crowd

When the market is soaring and everyone is going long, be cautious. Similarly, when everyone is shorting, consider the opposite. The Fear and Greed Index can be a useful tool here.

17. Realize Your Profits

Regularly withdraw your profits. Take out an amount weekly or monthly to cover your needs. This boosts motivation and ensures you have cash in hand during potential losses.

18. Take a Break After Consecutive Bad Days

If you’re consistently losing, pause for 3-5 days to reassess your strategy. Avoid emotional trading decisions.

19. Take a Break After Consecutive Good Days

When you’re on a winning streak, you may take excessive risks. This can lead to losing all your gains. Take a short break after good periods to stay grounded.

20. Focus on Not Losing Money

For beginners, the primary goal should be to avoid losing money. Profits will come with time, but protecting your capital is paramount.

21. Avoid Unrealistic Targets

Don’t chase lofty goals like $1 for coins like Shiba or Doge. Set realistic profit targets and learn to be satisfied.

22. Make Your Own Decisions

Don’t blindly follow online hype or others’ positions. Trust your own analysis, review charts, and make informed decisions.

23. Don’t Be Lazy

Analyzing dominance, support/resistance levels, and market trends requires effort. Treat crypto trading like a serious job.

24. Think Long-Term

Instead of aiming for big wins in a single trade, focus on growing your budget by 5-10% consistently. This leads to sustainable success.

25. Know Your Limits

Trade within your budget and avoid greed. If a profit feels significant, don’t hesitate to realize it.

These 25 rules provide a foundational guide to minimizing risk and building a long-term trading career in futures trading. The cryptocurrency market demands discipline, patience, and effort. Use these rules as a roadmap while developing your own strategies, and always prioritize risk management.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post 25 Rules to Never Lose in Futures Trading appeared first on Coin Engineer.

A detailed analysis shared by Lookonchain shed light on this extraordinary transaction. According to the report, the investor spent 82 SOL, worth $17,000, to purchase 268.12 million BUZZ tokens—equivalent to 26.8% of the total supply. The transaction incurred a network fee of 49 SOL.

Just eight minutes later, the investor sold all their BUZZ tokens for 6,090 SOL, equivalent to $1.26 million, netting a profit of $1.25 million from this single trade.

Key Considerations for Investing in Memecoins

While memecoins offer the potential for substantial gains in a short period, they also come with significant risks. Events like the BUZZ trade may attract attention, but such investments are often susceptible to market manipulation and extreme volatility.

To navigate the high-stakes world of memecoins, it is crucial to develop a sound investment strategy and understand the dynamics of the market. Proper research, risk assessment, and timing can make the difference between success and loss in this volatile sector.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post An Investor Earned $1.25 Million in 8 Minutes appeared first on Coin Engineer.

Placeholder Makes Huge Profits from MKR and UMA

In this regard, venture capital firm Placeholder invested $32 million in Maker (MKR) and UMA to Coinbase.

According to blockchain data analysis platform Spot On Chain, Placeholder invested $20.9 million worth of 7,250 MKR and $11.9 million worth of 5 million UMA in Coinbase during the day.

Placeholder was an early investor in both MKR and UMA, buying MKR at an average price of $765 and UMA at $0.382.

Comparing the buying prices with the selling prices, Placeholder made a 4x profit on MKR and a 12x profit on UMA.

Galaxy Digital Sells Avalanche (AVAX)

Apart from Placeholder, Galaxy Digital also sold altcoins. According to blockchain analyst The Data Nerd, Galaxy Digital deposited $2.93 million worth of Avalanche (AVAX) to Binance.

Accordingly, Galaxy Digital deposited approximately 105,000 AVAX (2.93 million ) from its over-the-counter (OTC) wallet to Binance.

As a result of the sales, the prices of MKR, UMA, and AVAX fell.

The post Institutional Whales Dumped Millions in Three Altcoins Including AVAX! appeared first on Coin Engineer.

According to data shared by on-chain analysis platform Lookonchain, a crypto whale sold 7 million dollars worth of Uniswap (UNI).

The data showed that the whale in question sold 606,088 UNI worth $7.08 million on June 6. The price dropped 4% following the sale.

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This whale had bought 1.3 million UNI worth $13.7 million from the cryptocurrency exchange Binance at a cost of $10.54. After the sale transaction, 696,808 UNI worth $7.46 million remained in the wallet.

The whale has made a profit of approximately $800,000 from its UNI investment so far.

UNI, which has decreased by 4.9% in the last 24 hours according to CoinGecko data, is trading at $10.

The post Whale Dumps Millions of Altcoin on Major Exchange, Price Drops! appeared first on Coin Engineer.

According to a post by blockchain analysis platform Lookonchain, a trader bought a total of 1.4 trillion PEPE between December 1, 2023, and February 12, 2024. The investor’s total cost was approximately $1.49 million.

PEPE has put on a remarkable performance with the return of Roaring Kitty, the legendary name of the 2021 GameStop craze, and the revival of the meme coin market. According to CoinGecko, the price of PEPE has risen by over 40% in the past week.

According to Lookonchain’s transfer, the trader sold only 10% (140 billion) of his PEPE holdings for a total of $1.57 million in the past few days.

The investor, who still has 1.26 trillion PEPE in his wallet, has a total profit of over $14 million.

The post Meme Coin Trader Who Made $14 Million from PEPE Starts Selling appeared first on Coin Engineer.

According to Lookonchain data: A Bitcoin whale withdrew 767 Bitcoin worth $45.44 million from the Coinbase exchange on May 3 when the Bitcoin price fell to $59,226.

Bitcoin’s price started to recover and rise again towards the weekend, partly due to the disappointing US economic data released on Friday.

Seizing the opportunity for Bitcoin to rise above $63,000, the investor transferred 767 Bitcoin to the Binance exchange at night. The value of these Bitcoins at the time of the transaction was $48.46 million. Thus, the wallet owner managed to make a profit of around $3 million in a few days.

The post Bitcoin Whale Earns $3 Million in Profit in Four Days appeared first on Coin Engineer.

According to data shared by on-chain analytics platform Lookonchain, a whale who had been loyal to Ethereum for the past year has begun selling their holdings.

Last year, when the price was around $1,890, this whale purchased 12,906 Ethereum worth $24.3 million through Binance and deposited it into the DeFi platform Lido Finance. This allowed them to benefit from both Ethereum’s price appreciation and passive income opportunities for a year.

On April 30th, the whale withdrew 7,000 Ethereum from their Lido Finance holdings. Then, on May 6th, they deposited 7,000 Ethereum worth $22 million on the cryptocurrency exchange Binance. The investor’s current profit is over $16 million.

According to CoinGecko data, Ethereum has risen by 2% in the past 24 hours and is currently trading at $3,197 at the time of writing.

The post Whale Who Accumulated Ethereum from Last Year’s Dip Starts Selling on Binance appeared first on Coin Engineer.