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market crypto
Up late again, and this 486% floating profit is a reminder of both the opportunity and the risk that comes with extreme volatility in newly listed coins.
During the first week after $CT went live, the contract market saw aggressive long-short activity. With limited circulating supply, price action became extremely volatile. I opened a short at 0.4793, expecting an overbought pullback, and it has now dropped to around 0.3628, turning into a strong unrealized gain.
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