Cryptocurrency Whale Operations Highlights: Insiders Suffer a Loss of 40 Million USD, Followers Get Massacred

Original Title: "Cryptocurrency Whale Operations Highlights: Insider Loses $40 Million, Followers Suffer Heavy Losses"
Original Author: Wenser, Odaily Planet Daily

The cryptocurrency market has once again entered a period of decline and volatility, and the major cryptocurrency whales, known for being the "market indicators," have resumed their performances as expected. However, for these whales with substantial capital, recent trading operations have been far from satisfactory. Some have chosen to continue increasing their positions after experiencing a market rebound, only to face unrealized losses of tens of millions of dollars; others have profited from token surges but are still far from breaking even; and some have opted to sell BTC directly on exchanges to lock in profits. Odaily Planet Daily will summarize the recent operations of cryptocurrency whales in this article for readers' reference.

Insider Whale with 100% Win Rate Faces Nearly $40 Million in Unrealized Losses, Position Value Exceeds $380 Million

As the cryptocurrency whale with the highest win rate since the "October 11 Crash," known in the community as the "Insider Whale with 100% Win Rate," the current position status is also not optimistic.

At the end of October, it opened long positions in BTC and ETH, realizing over $10 million in unrealized profits within three days;

On October 27, its unrealized profits once exceeded $20 million;

On October 28, it opened a long position in SOL and quickly pushed the position value to over $21 million on the same day;

On October 29, it closed its BTC long position, realizing a profit of $1.4 million; at that time, it still held long positions in ETH (5x leverage) and SOL (10x leverage), valued at $263 million, with an unrealized loss of $1.3 million; that afternoon, it began to reduce its ETH long position, first reducing by 3,400 ETH, realizing a profit of $186,000; then reducing by 11,000 ETH, realizing a profit of $618,000. Ultimately, that afternoon, it closed its ETH long position, accumulating a profit of $1.637 million; it only held a SOL long position, valued at $74.21 million, with an unrealized loss of $1.68 million.

On October 30, it opened a long position in BTC again, and combined with the SOL long position, it quickly faced a total unrealized loss of $3.33 million; subsequently, after Powell's speech caused the market to decline, it opened another long position in ETH. By noon that day, its unrealized loss soared to around $6.5 million.

On October 31, its long position unrealized losses increased to over $16 million, including:

• ETH long position unrealized loss of $4.31 million;
• BTC long position unrealized loss of $3.27 million;
• SOL long position unrealized loss of $9.16 million.

The subsequent story is well-known------

On November 1, unrealized losses narrowed to around $7 million;

On November 2, it increased its SOL long position again, adding 23,871.83 SOL, spending about $4.39 million, and unrealized losses narrowed again to $6.3 million.

As of the time of writing, this insider whale has given back the profits from previous contract openings; its unrealized losses in the past week have increased to nearly $40 million.

On-chain information can be found at: https://hyperbot.network/trader/0xc2a30212a8DdAc9e123944d6e29FADdCe994E5f2

Following Insider Whales Also Hit Hard by the Market, Two Whales Lose Over $1.2 Million

Ironically, perhaps due to the impressive past performance of the 100% win rate insider whale, there are many followers in the market. However, with the continued market decline, followers quickly learned their lesson.

Address 0x955…396A8 opened a long position in BTC during the rebound on October 30 morning, but panicked and closed the position during a rapid midday pullback, suffering a loss of about $217,000 in just 4 hours;

Address 0x960…0e2Ee chased BTC and ETH when the BTC price hit a high of $115,372.8 on October 27, with a total position reaching $36.87 million, ultimately liquidating during the decline, suffering a loss of about $1.061 million within 24 hours.

It is worth mentioning that the whales who lost heavily by going long on BTC are far more than the three mentioned above.

40x Long BTC, Whale Faces Liquidation Loss of $6.3 Million in One Day

On October 30, a whale using 40x leverage to go long on $107 million worth of BTC was liquidated during the subsequent decline that evening; ultimately, a total long position valued at $143 million was completely liquidated, resulting in a loss of $6.3 million.

This whale subsequently used the remaining $470,000 after liquidation to continue going long on BTC at 40x leverage, with a position value of $19 million, and the liquidation price is only $1,200 away from the current price.

Currently, this whale's address has chosen to go long on ASTER, VIRTUAL, and ZEC at 5x leverage, all of which are in a loss state.

On-chain information: https://hyperbot.network/trader/0xf35a60331a38326a6af92badd89622555181fb59

Two Whales Going Long on ZEC Once Profited Over $4 Million, One Lost Over $6 Million

On November 1, according to OnchainLens monitoring, as ZEC's market capitalization surpassed XMR, two whales holding positions on HyperLiquid significantly profited from their long positions, including:

New address 0x519c held a 5x long position in ZEC, with an unrealized profit of about $2.2 million at that time; this address has since closed its position, accumulating a profit of over $1.58 million.

On-chain information: https://hyperbot.network/trader/0x519c721de735f7c9e6146d167852e60d60496a47

Address 0x549e also held a 5x long position in ZEC, with an unrealized profit of about $1.8 million at that time; currently, the profit has retreated to around $1.14 million;

Moreover, its HYPE 10x long position, which once had an unrealized profit of about $2.3 million, has now also retreated to a loss state.

Currently, this whale's overall account is still in an unrealized loss state of over $6 million.

On-chain information: https://hyperbot.network/trader/0x549e6dd8453ed87fccdcf4f8b37162b10edc0533

Insider Whale Quietly Takes Profits, Long-Term Player Profits Over $14.4 Million

While some choose to fight on the battlefield, others choose to take profits.

Long-Term Whale Sells 5,000 ETH, Profits $14.43 Million

On October 29, according to The Data Nerd monitoring, a certain whale (0x742…ede) deposited 5,000 ETH into Kraken, valued at about $19.91 million.

It is reported that these funds were purchased by the whale six months ago at an average price of $1,582, and this transaction realized a profit of about $14.43 million, with an ROI of 152%. Additionally, this address had accumulated 8,240 ETH three years ago at an average price of $1,195 and sold them last year at an average price of $2,954.

Insider Whale Dumps 1,200 BTC, Valued at $132 Million

On November 2, according to on-chain analyst Ai Yi's monitoring, a whale (1E2…ZRpQ) that previously made huge profits by opening short positions before the October 11 flash crash has transferred a total of 1,200 BTC to Kraken in the past week, valued at $132 million.

The most recent transfer was for 500 BTC, and this address has now closed its positions.

On-chain details: https://intel.arkm.com/explorer/address/1E2JG2cZNkVdpdHQJ54MrpgoD28HHnZRpQ

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