Bubblemaps says top 10 fomo traders show more than $50 million in paper gains

  • Bubblemaps said top 10 fomo traders have over $50 million in paper gains.
  • Over $50 million represents the traders' current unrealized gains.
  • Fomo rankings value holdings at a fixed token price without accounting for large sell orders.

The top 10 traders on the fomo platform have more than $50 million in unrealized gains, Bubblemaps said on X. The blockchain analytics firm said it selected the traders’ largest holdings and simulated selling them, finding that actual proceeds could be substantially lower. The leaderboard generally values positions at a fixed token price without accounting for the price impact of large sell orders.

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Bubblemaps says top 10 fomo traders show more than $50 million in paper gains - CoinPost Terminal