These few similar giant whales seem to have ended up in a similar way: an aggressive rolling strategy, from small capital to large profits, then to significant losses or complete depletion.

Sigh, the story of "Insider Brother" may have come to an end🫡
40 minutes ago, he used his last $475,000 in capital to short ETH on GMX, and it has also been exposed...

Over the course of six months, "Insider Brother" went from a principal of $3 million to winning $29 million, only to lose everything including the principal:
1. In February-March of this year, the brother used only $3 million in principal to make several bold and aggressive moves + bet on the right direction, quickly earning $26 million. Because of his aggressive operations and rapid profits, everyone felt he was someone with insider information, which is also the origin of his nickname "Insider Brother."
2. How did he lose all those profits? At the end of June, he began to short. But coinciding with a rising market, he continuously lost - added margin - lost - added margin, eventually losing all $26 million in profits by mid-July.
3. Starting on August 1, he continued to short with a principal of $3 million, but it was a constant cycle of stop-losses + liquidations, and ultimately tonight, the principal was also completely lost.