TechFlow, November 4 — According to monitoring by analyst Yu Jin, the whale who previously won 14 consecutive large leveraged trades has not only given back the $15.83 million profit earned over the prior 20 days from those flawless trades, but has now incurred a floating loss of $20 million on principal. Moreover, his current positions are now only 8 percent away from liquidation.
Eight hours ago, he cut losses and closed long positions worth $258 million in BTC, ETH, and SOL, realizing a $15.65 million loss and wiping out all prior profits.
He still holds long positions in ETH, SOL, and HYPE valued at $148 million, currently suffering a floating loss of $18.86 million—this portion represents pure principal loss. If prices drop another 8%, they will reach his liquidation levels: ETH at $3,196 and SOL at $143.50.
