Eugene: Most altcoin longs have exited, but the core Bitcoin longs are still held.

On January 17th, trader Eugene Ng Ah Sio posted on his personal channel stating, “Most altcoin long positions have been exited — although the excess returns I expected haven’t been achieved, I will take whatever gains I can get for now. The core Bitcoin long positions are still held, but they have now been significantly converted back to cash, waiting for the next opportunity to re-enter.”