“Scooped up some FTT here. I think at a $2.5 billion market cap it’s pretty underrated and I only see FTX growing in market dominance. -60%+ from the all-time high. Should reclaim the $40’s assuming we bounce this week.”
SOL, the native token of scalable blockchain Solana, is trading at $25.88 at time of writing, according to CoinMarketCap. It’s down 12.65% on the day, but down more than 18% on the week.
The native asset of automated market maker Nerve Finance (NRV) is trading at $1.82 at time of writing, down more than 15% on the week.
Flood, who has been accumulating both Bitcoin and Ethereum (ETH) since 2015 when the assets were worth roughly $250 and $1 each, also says he just had the worst trading week of his career in terms of US dollar losses.
“In all certainly my worst USD week despite a pretty conservative portfolio, just didn’t hedge enough.
A casual -$40MM drawdown. Not going to be hard to make it back though. More importantly, portfolio is leaner and ETH + BTC totals are at all-time highs.”
