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The "Go Long Shitcoins" Whale Lost $42.7 Million in Annual P&L, Missed Out on This Bull Run After Previous Massive Liquidation
BlockBeats News, January 5th, according to HyperInsight monitoring, the whale (0xa2c) who started the "Longing Shitcoins in One Go" strategy on November 17th may have temporarily declared failure due to poor market entry timing. Since the opening in November, its 22 long positions have been liquidated multiple times due to market downturn in late December, resulting in a loss of $6.19 million. The total position size has plummeted from around $25 million to $2.33 million. Due to the significant loss of funds, the address was left empty-handed in this round of market recovery, failing to effectively recover. Furthermore, the address has accumulated losses of over $42.7 million this year.
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