The Most Unfortunate Whale Strikes Again — From Small Gains to Big Risks

In the crypto world, one address has become the ultimate reverse indicator: 0xa523.

📉 Lost $35.84M going long on ETH

📉 Lost another $7.5M shorting BTC

💔 Total losses now exceed $43M

This week, the whale finally caught a break — earning $420K by going long on ASTER. But instead of holding onto the win, he dove straight back into danger:

➡️ Shorted 684 BTC at an average price of $112,776

➡️ Position value: $77M

➡️ Liquidation price: $113,922

With Bitcoin already hovering dangerously close to that level, the market is watching closely: will he become the “money-giving boy” once again?

This pattern screams gambler’s fallacy — chasing redemption with bigger and riskier bets. But in crypto, stubbornness is often punished, not rewarded.

⚠️ Lesson for traders:

The market doesn’t bend to your persistence. Survival belongs to those who practice strict risk management and respect the trend.