A prominent whale account, once boasting a 100% win rate, has been liquidated, incurring losses of approximately $39.91 million. The account's win rate has now dropped to 77.7%, with 14 wins out of 18 trades. The liquidation occurred after the whale closed all remaining long positions, resulting in a single loss of about $39.37 million.
The market movements on November 5th saw Bitcoin briefly dip below $100,000 and Ethereum touch approximately $3,057, triggering the liquidation threshold. Since starting its long positions on October 24th, the whale has accumulated significant losses, bringing its total HL account losses to around $30.02 million.
Whale Account with Former 100% Win Rate Liquidated, Loses $39.91 Million
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