A trader recently made the decision to “paper-hand” a substantial amount of 22.1 million tokens of “#Binance Coin.” This choice has resulted in the trader missing out on an impressive profit exceeding $10 million. The term “paper-handed” typically refers to a trader who sells their assets prematurely, often due to fear or market volatility, rather than holding onto them for potential future gains. In this case, the trader’s actions reflect a significant missed opportunity in the cryptocurrency market, where prices can fluctuate dramatically. The loss serves as a reminder of the risks and rewards inherent in trading digital assets, where timing and decision-making can greatly impact financial outcomes.
