So many
@fomo screenshots of people printing 5, 6, even 7 figures all over my timeline.
This makes it seem like everyone is printing in this market. But that's far from the reality.
Only ~5.6% of traders on FOMO are profitable, and only 74 traders out of ~460K total made more than $5K.
Also, most of those PnLs aren’t realized. If a large holder decides to dump their entire position, slippage would eat heavily into those profits.
Large sell + low liquidity = slippage eats into profits.
So if any of these users tried to 1-clip their entire position, it could wreck the chart, drain liquidity, and leave every other holder underwater.
Don’t let these screenshots bring you down.
They're just there for show.