Core

Bitcoin

ORDI

Yield

Gains

<div style="text-align: justify">
 <p>The prices of cryptocurrencies in the <a href="https://en.coin-turk.com/bitcoins-maximum-21-million-supply-90-of-it-is-already-mined/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> and altcoin world can be influenced by very different factors. Developments, sales, or announcements can impact prices. A recent decline in the ORDI cryptocurrency followed an announcement, with the drop reaching nearly 30% from peak levels. However, an ORDI investor seems to have turned this negative trend into an opportunity by focusing on the announcement before the decline and selling.</p>
 <h2 id="seizing-opportunities-tactical-ordi-operations-yield-results">Seizing Opportunities: Tactical ORDI Operations Yield Results</h2>
 <p>A trader exhibiting strategic foresight appears to have made smart moves in the ORDI market by capitalizing on a tweet from Bitcoin Core developer Luke Dashjr.</p>
 <p><img decoding="async" class="wp-image-285220 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/12/ordi-kripto-cointurk.jpg" alt="" width="2110" height="1098"></p>
 <p>As we mentioned in our <strong><a href="https://coin-turk.com/ordi-ve-brc-20-tokenlari-icin-onemli-gelisme-sonlari-mi-geliyor" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="internal">report</a></strong>, Dashjr had stated that Ordinals and BRC-20 tokens would be removed from the market. The highlighted update would render these tokens unnecessary. This announcement led to a fall in the price of the ORDI cryptocurrency.</p>
 <p>The trader managed to make a profit exceeding $2.3 million by selling a significant asset consisting of 59,000 ORDI tokens worth $3,540,000 just before the downturn.</p>
 <h2 id="timely-withdrawal-from-binance-leads-to-impressive-gains">Timely Withdrawal from Binance Leads to Impressive Gains</h2>
 <p>In addition to the trader’s clever moves, a noteworthy withdrawal of 65,263 tokens, worth $1,300,000, occurred on November 22nd, precisely when the token was priced at $20 on <a href="https://en.coin-turk.com/court-makes-amendment-in-lawsuit-against-binance-new-date-given/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Binance</a>.</p>
 <p><img decoding="async" class="wp-image-285222 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/12/kripto-ordi-cointurk.jpg" alt="" width="1982" height="990"></p>
 <p>This strategic maneuver not only showcased the investor’s ability to effectively time the market but also enabled significant gains within a short period. In the constantly evolving landscape of cryptocurrency trading, this trader’s well-informed decisions underscore the importance of staying alert and seizing opportunities as they arise.</p>
 <p>The ORDI cryptocurrency market, known for its volatility, can be successfully navigated with strategic moves and a sharp understanding of market dynamics. As the crypto space continues to offer unique opportunities, knowledgeable traders making well-timed decisions continue to reap significant rewards.</p>
 <p>At the time of writing, the ORDI cryptocurrency is trading at levels around $51.80, having peaked at $65.80. The concurrent rise in the price of the cryptocurrency with Bitcoin’s surge is noteworthy.</p>
</div> <span style="font-weight:bold;font-size:16px">Continue Reading:</span> <a href="https://en.coin-turk.com/strategic-trading-in-crypto-a-focus-on-ordi-transactions/" data-wpel-link="internal" rel="noopener noreferrer nofollow">https://en.coin-turk.com/strategic-trading-in-crypto-a-focus-on-ordi-transactions/</a>

Strategic Trading in Crypto: A Focus on ORDI Transactions

Table of Contents

COINTURK NEWS

Other articles published on Dec 6, 2023

Bitcoin Network Stressed by BRC-20 Token Surge: Fees Soar Amid Transaction Backlog

FTX US Ex-President Foresees 2024 Approval of Bitcoin Spot ETF and Predicts Price Surge!

EU Nears Agreement on Groundbreaking AI Regulations

AI Chatbots Have Made Customer Service Worse

Cathie Wood: spot Bitcoin ETF seen as ultimate endorsement for institutional investors

Debt Box urges the court to dismiss SEC’s lawsuit

Join our free newsletter for daily crypto updates!