{"id":421875,"date":"2020-04-26T07:00:09","date_gmt":"2020-04-26T07:00:09","guid":{"rendered":"https:\/\/wncen.com\/?p=421875"},"modified":"2020-04-26T06:42:34","modified_gmt":"2020-04-26T06:42:34","slug":"top-crypto-trader-selling-his-altcoins-due-3-red-flags","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/top-crypto-trader-selling-his-altcoins-due-3-red-flags\/","title":{"rendered":"A Top Crypto Trader is Selling His Altcoins Due to These “Red Flags”"},"content":{"rendered":"

Altcoins \u2014 crypto assets that are not Bitcoin \u2014 have done extremely well over the past four weeks.<\/p>\n

Per data from TradingView.com,<\/a> after reaching 68%, Bitcoin dominance \u2014 the percentage of the crypto market that consists of BTC \u2014 has fallen to 64%. It’s a 4% drop that amounts to billions in this multi-billion-dollar asset class.<\/p>\n

\"crypto
Chart from TradingView.com<\/figcaption><\/figure>\n

This move has been led by largely fundamental rallies in a number of large-cap altcoins, such as Chainlink, which was recently subject to an influx of positive news regarding its adoption, and Tezos<\/a>, whose foundation was recently confirmed to have a strong balance sheet that should be able to weather any economic recession or downturn in the crypto market.<\/p>\n

A prominent crypto trader, however, is starting to deleverage his altcoin positions, citing<\/a> the fact that there are “red flags” appearing in this side of the Bitcoin market.<\/p>\n

This Crypto Trader Isn’t Convinced of Altcoins: Here’s Why<\/h2>\n

In a recent Twitter thread<\/a>, a crypto trader with the moniker of “Pentoshi” announced that he will be reducing his exposure to altcoins by 75% for the foreseeable future, remarking that he intends to focus on Bitcoin moving forward.<\/p>\n

Why?<\/p>\n

He explained that despite the strength<\/a> seen in many altcoins over the past few weeks, he believes it’s unwise to be investing in non-Bitcoin assets so close to the halving, which has the potential to rapidly increase BTC volatility. This volatility, he explained will result in “alts [getting] rekt.”<\/p>\n

Pentoshi continued<\/a> that from how he sees it, altcoins are always a “game of musical chairs” as the reasons they are rallying, he wrote, are all predicated on “red flags” as opposed to legitimate fundamentals:<\/p>\n

“The reason the alt pumps are unconvincing is because they have followed the same patterns. IEO’s, Interoperability, privacy coins moving together. It’s coordinated as it has been the last 3 years instead of all ships rising together.”<\/p><\/blockquote>\n

Related Reading: No, Kim Jong Un\u2019s \u201cVegetative State\u201d Won\u2019t Cause a Bitcoin Crash<\/a><\/h6>\n

He’s Not the Only One<\/strong><\/h2>\n

Pentoshi is far from the only investor hesitant to deal with altcoins in this environment.<\/p>\n

Per previous reports from NewsBTC<\/a>, Dan Morehead \u2014 a former Wall Street trader-turned-head of Pantera Capital, one of the earliest crypto funds \u2014 wrote in their March newsletter that Bitcoin will \u201cprobably out-perform other tokens for a while,\u201d explaining that it is one of the crypto projects that are entrenched and doesn\u2019t rely on funding per se:<\/p>\n

It\u2019s a project that\u2019s already built, it works, it has an 11-year track record. Many newer blockchain and smart contract projects are still in development and might be stressed to raise funding to complete their development.<\/p><\/blockquote>\n

He further explained that \u201cthere\u2019s typically a flight-to-quality\u201d in bear markets that see money flood to the safest and most established asset in an asset class. In the case of crypto, that’s Bitcoin.<\/p>\n

\"Bitcoin
Chart from Dan Morehead of Pantera Capital (Medium)<\/figcaption><\/figure>\n
Related Reading: There\u2019s a Brutal Twist Behind $1 Million Bitcoin Price Predictions<\/a><\/h6>\n
Photo by\u00a0Laura Lee Moreau<\/a>\u00a0on\u00a0Unsplash<\/a><\/pre>\n","protected":false},"excerpt":{"rendered":"
Altcoins \u2014 crypto assets that are not Bitcoin \u2014 have done extremely well over the past four weeks. Per data from TradingView.com, after reaching 68%, Bitcoin dominance \u2014 the percentage of the crypto market that consists of BTC \u2014 has fallen to 64%. It’s a 4% drop that amounts to billions in this multi-billion-dollar asset class. This move has been led by largely fundamental rallies in a number of large-cap altcoins, such as Chainlink, which was recently subject to an influx of positive news regarding its adoption, and Tezos, whose foundation was recently confirmed to have a strong balance sheet that should be able to weather any economic recession or downturn in the crypto market. A prominent crypto trader, however, is starting to deleverage his altcoin positions, citing the fact that there are “red flags” appearing in this side of the Bitcoin market. This Crypto Trader Isn’t Convinced of Altcoins: Here’s Why In a recent Twitter thread, a crypto trader with the moniker of “Pentoshi” announced that he will be reducing his exposure to altcoins by 75% for the foreseeable future, remarking that he intends to focus on Bitcoin moving forward. Why? He explained that despite the strength seen in many altcoins over the past few weeks, he believes it’s unwise to be investing in non-Bitcoin assets so close to the halving, which has the potential to rapidly increase BTC volatility. This volatility, he explained will result in “alts [getting] rekt.” Pentoshi continued that from how he sees it, altcoins are always a “game of musical chairs” as the reasons they are rallying, he wrote, are all predicated on “red flags” as opposed to legitimate fundamentals: “The reason the alt pumps are unconvincing is because they have followed the same patterns. IEO’s, Interoperability, privacy coins moving together. It’s coordinated as it has been the last 3 years instead of all ships rising together.” Related Reading: No, Kim Jong Un\u2019s \u201cVegetative State\u201d Won\u2019t Cause a Bitcoin Crash He’s Not the Only One Pentoshi is far from the only investor hesitant to deal with altcoins in this environment. Per previous reports from NewsBTC, Dan Morehead \u2014 a former Wall Street trader-turned-head of Pantera Capital, one of the earliest crypto funds \u2014 wrote in their March newsletter that Bitcoin will \u201cprobably out-perform other tokens for a while,\u201d explaining that it is one of the crypto projects that are entrenched and doesn\u2019t rely on funding per se: It\u2019s a project that\u2019s already built, it works, it has an 11-year track record. Many newer blockchain and smart contract projects are still in development and might be stressed to raise funding to complete their development. He further explained that \u201cthere\u2019s typically a flight-to-quality\u201d in bear markets that see money flood to the safest and most established asset in an asset class. In the case of crypto, that’s Bitcoin. Related Reading: There\u2019s a Brutal Twist Behind $1 Million Bitcoin Price Predictions Photo by\u00a0Laura Lee Moreau\u00a0on\u00a0Unsplash<\/p>\n","protected":false},"author":497,"featured_media":421885,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[134,6664,2498,2887],"class_list":["post-421875","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoin","tag-crypto","tag-investment","tag-market"],"acf":[],"yoast_head":"\nA Top Crypto Trader is Selling His Altcoins Due to These "Red Flags"<\/title>\n<meta name=\"description\" content=\"Altcoins \u2014 crypto assets that are not Bitcoin \u2014 have done extremely well over the past four weeks. Per data from TradingView.com, after reaching 68%,\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/top-crypto-trader-selling-his-altcoins-due-3-red-flags\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A Top Crypto Trader is Selling His Altcoins Due to These "Red Flags"\" \/>\n<meta property=\"og:description\" content=\"Altcoins \u2014 crypto assets that are not Bitcoin \u2014 have done extremely well over the past four weeks. Per data from TradingView.com, after reaching 68%,\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/top-crypto-trader-selling-his-altcoins-due-3-red-flags\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-26T07:00:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-26T06:42:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/laura-lee-moreau-P7NQ69qHJlk-unsplash-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1707\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nick Chong\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nick Chong\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/top-crypto-trader-selling-his-altcoins-due-3-red-flags\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/top-crypto-trader-selling-his-altcoins-due-3-red-flags\/\"},\"author\":{\"name\":\"Nick Chong\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/4c1114650d72d49c455452d2ce5c981a\"},\"headline\":\"A Top Crypto Trader is Selling His Altcoins Due to These “Red Flags”\",\"datePublished\":\"2020-04-26T07:00:09+00:00\",\"dateModified\":\"2020-04-26T06:42:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/top-crypto-trader-selling-his-altcoins-due-3-red-flags\/\"},\"wordCount\":525,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/top-crypto-trader-selling-his-altcoins-due-3-red-flags\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/laura-lee-moreau-P7NQ69qHJlk-unsplash-scaled.jpg?fit=2560%2C1707\",\"keywords\":[\"altcoin\",\"crypto\",\"investment\",\"market\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/wncen.com\/news\/top-crypto-trader-selling-his-altcoins-due-3-red-flags\/#respond\"]}],\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/top-crypto-trader-selling-his-altcoins-due-3-red-flags\/\",\"url\":\"https:\/\/wncen.com\/news\/top-crypto-trader-selling-his-altcoins-due-3-red-flags\/\",\"name\":\"A Top Crypto Trader is Selling His Altcoins Due to These \\\"Red Flags\\\"\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/top-crypto-trader-selling-his-altcoins-due-3-red-flags\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/top-crypto-trader-selling-his-altcoins-due-3-red-flags\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/laura-lee-moreau-P7NQ69qHJlk-unsplash-scaled.jpg?fit=2560%2C1707\",\"datePublished\":\"2020-04-26T07:00:09+00:00\",\"dateModified\":\"2020-04-26T06:42:34+00:00\",\"description\":\"Altcoins \u2014 crypto assets that are not Bitcoin \u2014 have done extremely well over the past four weeks. Per data from TradingView.com, after reaching 68%,\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/top-crypto-trader-selling-his-altcoins-due-3-red-flags\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/top-crypto-trader-selling-his-altcoins-due-3-red-flags\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/top-crypto-trader-selling-his-altcoins-due-3-red-flags\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/laura-lee-moreau-P7NQ69qHJlk-unsplash-scaled.jpg?fit=2560%2C1707\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/laura-lee-moreau-P7NQ69qHJlk-unsplash-scaled.jpg?fit=2560%2C1707\",\"width\":2560,\"height\":1707,\"caption\":\"crypto altcoins\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/top-crypto-trader-selling-his-altcoins-due-3-red-flags\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"A Top Crypto Trader is Selling His Altcoins Due to These “Red Flags”\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/4c1114650d72d49c455452d2ce5c981a\",\"name\":\"Nick Chong\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ac04c2aa55e08322676adb0b006baa07?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ac04c2aa55e08322676adb0b006baa07?s=96&d=mm&r=g\",\"caption\":\"Nick Chong\"},\"description\":\"I am a writer who has been following Bitcoin for years now. My insights and interviews have been featured in leading publications in the industry such as LongHash and Decrypt. I own a small amount of Bitcoin.\",\"url\":\"https:\/\/wncen.com\/author\/nickchong\/\"}]}<\/script>\n","yoast_head_json":{"title":"A Top Crypto Trader is Selling His Altcoins Due to These \"Red Flags\"","description":"Altcoins \u2014 crypto assets that are not Bitcoin \u2014 have done extremely well over the past four weeks. Per data from TradingView.com, after reaching 68%,","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/top-crypto-trader-selling-his-altcoins-due-3-red-flags\/","og_locale":"en_US","og_type":"article","og_title":"A Top Crypto Trader is Selling His Altcoins Due to These \"Red Flags\"","og_description":"Altcoins \u2014 crypto assets that are not Bitcoin \u2014 have done extremely well over the past four weeks. Per data from TradingView.com, after reaching 68%,","og_url":"https:\/\/wncen.com\/news\/top-crypto-trader-selling-his-altcoins-due-3-red-flags\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2020-04-26T07:00:09+00:00","article_modified_time":"2020-04-26T06:42:34+00:00","og_image":[{"width":2560,"height":1707,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/laura-lee-moreau-P7NQ69qHJlk-unsplash-scaled.jpg","type":"image\/jpeg"}],"author":"Nick Chong","twitter_card":"summary_large_image","twitter_creator":"@newsbtc","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Nick Chong","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/top-crypto-trader-selling-his-altcoins-due-3-red-flags\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/top-crypto-trader-selling-his-altcoins-due-3-red-flags\/"},"author":{"name":"Nick Chong","@id":"https:\/\/wncen.com\/#\/schema\/person\/4c1114650d72d49c455452d2ce5c981a"},"headline":"A Top Crypto Trader is Selling His Altcoins Due to These “Red Flags”","datePublished":"2020-04-26T07:00:09+00:00","dateModified":"2020-04-26T06:42:34+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/top-crypto-trader-selling-his-altcoins-due-3-red-flags\/"},"wordCount":525,"commentCount":0,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/top-crypto-trader-selling-his-altcoins-due-3-red-flags\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/laura-lee-moreau-P7NQ69qHJlk-unsplash-scaled.jpg?fit=2560%2C1707","keywords":["altcoin","crypto","investment","market"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/wncen.com\/news\/top-crypto-trader-selling-his-altcoins-due-3-red-flags\/#respond"]}],"copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/top-crypto-trader-selling-his-altcoins-due-3-red-flags\/","url":"https:\/\/wncen.com\/news\/top-crypto-trader-selling-his-altcoins-due-3-red-flags\/","name":"A Top Crypto Trader is Selling His Altcoins Due to These \"Red Flags\"","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/top-crypto-trader-selling-his-altcoins-due-3-red-flags\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/top-crypto-trader-selling-his-altcoins-due-3-red-flags\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/laura-lee-moreau-P7NQ69qHJlk-unsplash-scaled.jpg?fit=2560%2C1707","datePublished":"2020-04-26T07:00:09+00:00","dateModified":"2020-04-26T06:42:34+00:00","description":"Altcoins \u2014 crypto assets that are not Bitcoin \u2014 have done extremely well over the past four weeks. Per data from TradingView.com, after reaching 68%,","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/top-crypto-trader-selling-his-altcoins-due-3-red-flags\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/top-crypto-trader-selling-his-altcoins-due-3-red-flags\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/top-crypto-trader-selling-his-altcoins-due-3-red-flags\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/laura-lee-moreau-P7NQ69qHJlk-unsplash-scaled.jpg?fit=2560%2C1707","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/laura-lee-moreau-P7NQ69qHJlk-unsplash-scaled.jpg?fit=2560%2C1707","width":2560,"height":1707,"caption":"crypto altcoins"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/top-crypto-trader-selling-his-altcoins-due-3-red-flags\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"A Top Crypto Trader is Selling His Altcoins Due to These “Red Flags”"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/4c1114650d72d49c455452d2ce5c981a","name":"Nick Chong","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ac04c2aa55e08322676adb0b006baa07?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ac04c2aa55e08322676adb0b006baa07?s=96&d=mm&r=g","caption":"Nick Chong"},"description":"I am a writer who has been following Bitcoin for years now. My insights and interviews have been featured in leading publications in the industry such as LongHash and Decrypt. I own a small amount of Bitcoin.","url":"https:\/\/wncen.com\/author\/nickchong\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"A Top Crypto Trader is Selling His Altcoins Due to These “Red Flags”","url":"http:\/\/wncen.com\/news\/top-crypto-trader-selling-his-altcoins-due-3-red-flags\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/top-crypto-trader-selling-his-altcoins-due-3-red-flags\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/laura-lee-moreau-P7NQ69qHJlk-unsplash-scaled.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/laura-lee-moreau-P7NQ69qHJlk-unsplash-scaled.jpg?fit=2560%2C1707"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Nick Chong"}],"creator":["Nick Chong"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoin","crypto","investment","market"],"dateCreated":"2020-04-26T07:00:09Z","datePublished":"2020-04-26T07:00:09Z","dateModified":"2020-04-26T07:00:09Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"A Top Crypto Trader is Selling His Altcoins Due to These “Red Flags”\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/top-crypto-trader-selling-his-altcoins-due-3-red-flags\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/top-crypto-trader-selling-his-altcoins-due-3-red-flags\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/04\\\/laura-lee-moreau-P7NQ69qHJlk-unsplash-scaled.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/04\\\/laura-lee-moreau-P7NQ69qHJlk-unsplash-scaled.jpg?fit=2560%2C1707\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Nick Chong\"}],\"creator\":[\"Nick Chong\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoin\",\"crypto\",\"investment\",\"market\"],\"dateCreated\":\"2020-04-26T07:00:09Z\",\"datePublished\":\"2020-04-26T07:00:09Z\",\"dateModified\":\"2020-04-26T07:00:09Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/laura-lee-moreau-P7NQ69qHJlk-unsplash-scaled.jpg?fit=2560%2C1707","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/421875","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/497"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=421875"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/421875\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/421885"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=421875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=421875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=421875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}