The "100% win rate" whale's $10 million principal has shrunk to $600,000, with the account value once peaking at $57 million.
BlockBeats News, November 10, according to monitoring by HyperInsight, the "100% Win Rate" whale has transferred $10 million to Hyperliquid since October 14, and opened positions using timing and methods similar to "BTC OG". Within half a month, the whale achieved $15.83 million in profits, with unrealized gains peaking at nearly $26 million, and the account value once exceeded $57 million.
Subsequently, due to heavily leveraged long positions and averaging down after retracements, this address recorded a loss of $44.67 million in four trades between November 3 and 5. After repeatedly chasing the market highs and lows in BTC and ZEC, the account funds have shrunk to $595,000, a drawdown of nearly 94% from the initial $10 million. Since closing the BTC long position on November 8, no new positions have been opened for two days.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
South Korea's four major financial groups compete to partner with tech giants to enter the stablecoin market
Data: "Machi" reduces 25x leveraged ETH long position to $20.22 million
