#Whale loses over a million dollars.#

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Overview

Recently, several cryptocurrency whales have experienced floating losses in trading, the most serious of which is a robot whale address. It spent $22 million yesterday to buy 2.1 million MELANIA and partially stopped losses at an average price of $7.54, a loss of about 25%. Currently, the floating loss is over $10.6 million, the largest floating loss address of MELANIA. In addition, another whale spent $5.1 million yesterday to buy 440,136 MELANIA, and currently has a floating loss of $3.53 million. Well-known trader Ansem sold 194,799 TRUMP two hours ago, losing $2.55 million. Another whale lost $7.08 million on MELANIA and TRUMP. Meanwhile, an LDO whale returned after a year of silence, exchanging 1,512 ETH and 10,500 FXS (worth $4.98 million) for about 2.72 million LDO, currently floating a loss of $1.74 million. It is worth noting that some whales have also made profits in trading, for example, a whale address GV9kv...JA9Ad once again bought $TRUMP with $8.06 million, currently floating a profit of $402,000.

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Analysis

Recently, multiple whales have experienced floating losses in the cryptocurrency market. The most notable is a robot whale address that spent $22 million yesterday to buy 2.1 million MELANIA at an average price of $10.5. It then partially cut its losses by about 25% at an average price of $7.54, currently facing a floating loss exceeding $10.6 million (-65.04%), making it the largest floating loss address for MELANIA. In addition, another whale spent $5.1 million yesterday to buy 440,136 MELANIA at a price of $11.60, currently facing a floating loss of $3.53 million. Well-known trader Ansem sold 194,799 TRUMP two hours ago, losing $2.55 million. Meanwhile, another whale lost $7.08 million on MELANIA and TRUMP, still holding 1.82 million MELANIA and 193,700 TRUMP. It is noteworthy that not all whales have experienced losses. For instance, a whale address GV9kv...JA9Ad, after previously profiting over $6.67 million by buying low and selling high on TRUMP, has again invested $8.06 million in TRUMP, currently realizing a floating profit of $402,000.

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Classic Views

Whales making large transactions in the cryptocurrency market pose high risks and may result in significant floating losses.

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Some whales have adopted incorrect strategies in trading, leading to substantial losses.

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Whales' trading activities can have a certain impact on the market, but their ultimate outcome is difficult to predict.

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Whales' trading behavior also reflects the volatility and risk of the cryptocurrency market.

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