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Trader Eugene: Went Long on SOL with a Small Position

By: theblockbeats.news|2025/09/03 02:01:42

BlockBeats News, September 3rd, trader Eugene Ng Ah Sio posted on his personal channel, stating, "Initiated a small SOL long position attempt."

BTC has successfully reclaimed the $110,000 mark and is currently the strongest among the mainstream coins, so I decided to enter. With ETH losing momentum and mNAVs contracting (BMNR currently <1.1, SBET <1), I anticipate that market funds will flow into those newer and lighter-weighted coins.

If BTC falls below $110,000, I will quickly adjust or stop out."

Tom Lee's Fund Analyst: ETH Could Surge to $5,500 in September and $9,000 by January Next Year

A Whale Suspected of Dumping 2585 ETH, Profits Reach $5.33 Million