Trader Doctor Profit said on X that he has fully taken profit on his QNT position and exited the trade. In his post, he said QNT’s move from $50 to $374 within just a few days was remarkable and that he was satisfied with the gains already locked in. He also described what he sees as a contradictory tone on X, with some users trying to convince themselves not to sell while at the same time urging others to keep buying. According to him, persistently elevated funding rates suggest that long positioning has become overcrowded. Doctor Profit added that the current setup leaves him uneasy, especially because he says he knows some large holders have already started distributing privately while still encouraging retail buyers in public. He said he respects everyone’s decision, but prefers to be transparent about his own trades. Even if he sold too early and QNT continues to rise, he said he remains comfortable with the choice and satisfied with the outcome.
According to Odaily, trader Doctor Profit (@DrProfitCrypto) said in a post on X that he has fully taken profit on QNT and exited the position.
He wrote that QNT’s jump from $50 to $374 in just a few days was "truly impressive," and said he was already "very satisfied" with the return from the move.
Doctor Profit also pointed to behavior he was seeing on X, saying some people were trying to convince themselves not to sell while also urging others to keep buying. He added that elevated funding rates suggest long positions have become overcrowded.
He said the current market setup makes him uneasy, especially because he claims to know that some large holders have already started selling quietly in private while still publicly encouraging retail investors to buy.
Doctor Profit said he respects everyone’s decision, but prefers to stay transparent about his own trading actions. Even if he exited too early and QNT keeps rising, he said he is at peace with the decision and satisfied with the trade.
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