0xSun: If Ethereum cannot sustain its lead in the market, we may consider ending the "long ETH, short various altcoins" strategy
BlockBeats News, September 1st, Smart Money, crypto KOL 0xsun.sol (@0xSunNFT) summarized the "Long ETH, Short Shitcoins" strategy on social media. They stated, "Overall, this strategy has been very successful, especially in the face of market volatility. In the last few days of August, due to SOL's sudden strength, which led the altcoins, the strategy's profits experienced some drawdown. We will continue to observe, and if this situation persists for a while and ETH cannot lead the market, we can consider taking profits."
Furthermore, regarding on-chain operations, 0xSun mentioned, "Currently, due to the inability to open the listing channel, there is a limited ceiling, which is still a good choice for small funds, but the cost-effectiveness for large funds is too low. Liquidity injection is needed, or some iconic events to open up the ceiling to improve this situation."
You may also like
Why Tokenized Stocks Are Booming in 2026 While Crypto Is Still Struggling
From Pump.fun to Collector Crypt: Has Solana's income throne changed hands?
Looking at Stripe's ambitions and the future of stablecoins from OUSD
Do you want to buy CRCL?
Wosh: Inflation has cooled in recent weeks, AI is reshaping the economy, and forward guidance has lost its necessity
The most secretive AI winner
Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?
MiCA reshuffle begins, Binance temporarily bids farewell to the EU
How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?
Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited
Circle CEO responds to OUSD's challenge: Stablecoins are a winner-takes-all business, and we will not slow down
Argentina vs Cape Verde: When a Record-Breaking Legend Meets an Unbreakable Underdog
WEEX exclusive pre-match analysis of Argentina vs Cape Verde, exploring Messi-led Argentina’s dominance and Cape Verde’s historic defensive breakout, with a breakdown of volatility, structure, and match dynamics.
