In the cryptocurrency world, whale transactions attract market participants' attention. One whale, who previously demonstrated a 100% profitability, faced significant losses.
Success on Hyperliquid
Recently, Lookonchain reported the story of a crypto whale with an address starting with 0xb8b9, who managed to execute 29 consecutive long trades on the decentralized exchange Hyperliquid (HYPE) last month, all of which were profitable. He earned over $2.3 million from these trades.
Current Losses
However, the situation has changed, and now this whale has incurred losses exceeding $2 million, with long positions in Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Chainlink (LINK) remaining unrealized.
Future of the Investor
Now the question remains: can the whale turn around his positions after such significant losses? Time will tell if he can regain his original investment.
In conclusion, the story of the crypto whale highlights that even successful investors can face unexpected losses in the cryptocurrency market.
