#Whale loses over a million dollars#

Recently, multiple whale trading activities have attracted market attention, with loss-making cases being particularly eye-catching. For example, a whale on ONDO sold 10,978,000 ONDO in the past 12 hours, exchanging them for approximately 13,580,000 USDC. However, this address chose to liquidate its position after holding it for 38 days, resulting in a loss of about $3.54 million, representing a loss rate of 20.7%. In addition, a whale who shorted ETH on HyperLiquid had a profit of over $15 million four days ago, but currently has a loss exceeding $1 million. These whale losses reflect the high volatility of the market, and investors need to proceed with caution, avoiding blindly chasing rallies and selling on dips.It is worth noting that some whales have also made successful profits. For example, an ETH swing trader has sold the last 2,783 ETH from its main position address, earning $480,000. Another address still holds 1,013 ETH ($3.41 million), thus basically ending the 25th round of swing trading. Initially experiencing a loss of $1.475 million, it ultimately closed with a profit of $905,000. These cases demonstrate that whale trading behavior is not uniform, and there are various possibilities in the market. Investors need to make judgments based on their own circumstances.