List of Flash News about retail trader losses
Time | Details |
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03:26 |
Crypto Trading Alert: $ELON Plunges 70% After James’ Twitter Signals – Risks of Following Influencer Trades
According to @ai_9684xtpa, multiple Twitter trading calls by James in April 2024 promoted $ELON, attracting significant FOMO buying from retail traders and crypto KOLs. However, on-chain data and subsequent reports indicate that James used alternate accounts to quietly sell his positions after publicly hyping the token, leading to a rapid 70% price crash and significant losses for followers. This event highlights the heightened risks of following influencer-driven trade signals in the cryptocurrency market, emphasizing the importance of independent analysis and risk management for traders. (Source: @ai_9684xtpa, May 20, 2025) |