Bubblemaps: Top 10 fomo traders show $50M in unrealized gains
- —Top 10 fomo traders hold over $50 million in unrealized gains
- —The fomo leaderboard values positions at a fixed token price
- —Real profits could be much lower once large positions are sold
- —Bubblemaps notes the ranking ignores the price impact of big sell orders
Why it matters: It shows trader leaderboards can be misleading, as real profits depend on liquidity and slippage.
Source: PANews
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