Why Bitcoin, Ethereum and XRP traders are fed up


Benzinga and Yahoo Finance LLC may earn commissions or revenue from certain articles through the links below.

Bitcoin (CRYPTO: BTC), And Ethereum (CRYPTO: ETH) traders continue to outperform altcoin holders as traders express frustration over the latter’s notable underperformance.

What happened: Lookonchain data shows how volatile conditions have made active trading a losing game for most. Data has shown that holding these top crypto coins has been the only consistently profitable strategy over the past few months.

If the recent cascade of liquidations eliminates weak hands, a long position could mark the start of a rebound or new upward momentum.

Don’t Miss: The “ChatGPT of Marketing” Just Opened a $0.81/Share Cycle – More than 10,000 investors are already present

However, if this event signals deeper structural weakness, short positions could offer better risk-reward asymmetry.

Among the notable artists:

  • Two bullish traders recorded over $17 million in realized profits, maintaining win rates of 100% and 69.2% on BTC, ETH, and SOL.

  • Another trader, who was completely liquidated during the October 11 crash, rebounded by taking a long position in Ethereum, now up $5 million on a $9.5 million stake in USDC.

  • On the other hand, bearish traders booking short profits on Bitcoin pocketed around $35 million, although a 40x short position ended in full liquidation after making a profit.

See also: Qualified investors can now take advantage of $36 Trillion Real Estate Value Market – Without Buying a Single Property

Why it’s important: Scott Melker called this “the worst crypto bull market ever,” arguing that only Bitcoin holders benefited significantly.

Those who traded too actively or diversified into altcoins, he said, likely lost money.

Unlike previous cycles, this trend has not seen a true altcoin season, while crypto stocks have seen brief rebounds followed by sharp pullbacks. Even large cash-holding whales absorbed significant declines, amplifying frustration within the industry.

The trader added that the recent liquidation event was the largest in crypto history, wiping out both bullish and bearish positions and leaving most participants deep in the red.

Image: Shutterstock

Current trend:

Building a resilient portfolio means thinking beyond a single asset or market trend. Business cycles change, industries rise and fall, and no investment performs well in all environments. That’s why many investors are looking to diversify with platforms that offer access to real estate, fixed income opportunities, professional financial advice, precious metals, and even self-directed retirement accounts. By spreading exposure across multiple asset classes, it becomes easier to manage risk, earn stable returns, and create long-term wealth that is not tied to the fortunes of a single company or sector.

Leave a Reply

Your email address will not be published. Required fields are marked *