Trader Unipcs said his investment thesis on EMBER remains intact and that he does not plan to sell his holdings because of short-term price volatility, according to Odaily. Data cited in the report shows his EMBER position is worth about $687,500, with an unrealized profit of roughly $271,700.
Unipcs had previously argued that EMBER showed notable resilience by staying near its all-time high even as the broader market remained weak. He also said he would not be surprised if the token returned to that peak and then moved sharply higher.
On the recent debate around the project, Unipcs said some of the negative discussion tied to the Bubblemaps cluster and its relationship with Meteora had been overstated by the market. He added that traders should reduce emotional interference in their decision-making.
Trader Unipcs said his investment thesis on EMBER has not changed and that he will not sell his position because of short-term volatility, according to Odaily.
Data cited in the report shows his EMBER holdings are worth about $687,500, with an unrealized profit of roughly $271,700.
Unipcs had previously said EMBER showed strong resilience by remaining near its all-time high while the broader market was weak. He also said he would not be surprised if the token returned to its all-time high and then continued to rise sharply.
He also argued that some of the negative discussion around the Bubblemaps cluster and its relationship with Meteora had been amplified too much by the market, adding that emotional interference should be reduced when trading.
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