The cryptocurrency market does not forgive mistakes, and the latest data from Lookonchain confirms this. Two major players recorded huge losses while trying to weather the altcoin downturn.
Let's analyze the numbers and draw conclusions. 👇
❌ Case #1: Year of Expectations and -81% at $ENA
One of the investors transferred 16,86 million ENA to Coinbase Prime.
Entry: a year ago at a price of ~$1.1 (investment $18.5 million).
Exit: selling at the current price when assets depreciated to $3.5 million.
Result: Net loss of $15 million.
Mistake: "Riding out" the loss in hopes of returning to breakeven price. In the world of altcoins, an 80% drop is often not the limit.
❌ Case #2: Unsuccessful hype on $PUMP
The second trader actively accumulated PUMP tokens on Binance from September to November 2025.
Entry: average price $0.00513 (investment $19.53 million).
Exit: in December, transferred assets to FalconX for sale at $7.3 million.
Result: Loss of $12.2 million (-62%) in just a couple of months.
Mistake: Aggressive accumulation of a declining asset without a clear stop-loss in a volatile market.
💡 Why does this happen?
These examples are a classic illustration of how even large capitals evaporate without risk management. Traders often buy on the dip ("buy the bottom"), but the "bottom" can have several levels. The fear of losing everything forces one to sell at the very bottom when patience runs out. Even if you believe in the project, the market may think differently.
🛡 How not to become the next statistic?
Do not invest more than 10-15% of your capital in one altcoin.
Better to exit with a 10% loss than to fix -80% after a year.
If the asset consistently sets new lows - it's a signal to review the strategy, not to buy more.
Crypto is a game of survival. Protect your deposits!
#TradingTips #Lookonchain #ENA #PUMP #CryptoNews #RiskManagement #BinanceSquareUA
