๐โผ๏ธ๐ฅ๐ฉธWhale's $250M Short Crashes After Liquidation Storm
Whale Investor Faces Significant Losses Amid Market Volatility
His High-Leverage Gamble Backfires as Market Turns From $250M to Just $43Mโผ๏ธ๐ฉธ๐ฅ๐
Did this Whale Overplay the Game, or is a Comeback Loading???
A well-known investor, dubbed 'Insider Whale', just faced a brutal blow amid recent market volatility.
After holding a massive $250M short position, the whale has been hit with eight consecutive liquidationsโshrinking holdings to just $43.68M.
They initially posted $16.28M in margin, which has now dropped to $1.2M, translating to a loss of about $15.08M.
Still, earlier wins of $26M from three separate addresses leave them with an overall profit of $10.92M.
Right now, the whale is clinging to two aggressive short positions:
237 $BTC at 40x leverage ($25.82M) โ Entry: $106,697 | Liquidation: $111,040
6,948 $ETH at 25x leverage ($17.86M) โ Entry: $2,452 | Liquidation: $2,646
The market's next move will decide if this whale swims or sinks.