A prominent crypto whale known as "先定10个大目标" (roughly translating to "First set 10 big goals"), tracked on X as @Jason60704294, has reportedly lost over $93 million since early October. On-chain analyst Ai Yi monitored that the whale's cumulative gains peaked above $110 million in early October but have since drawn down to approximately $17.76 million following a series of sharp market declines. The whale confirmed the massive drawdown by announcing on social media that it has removed all leverage positions. The total loss is estimated at roughly 620 million RMB based on current exchange rates.