The crash on October 11th, the operation of a certain whale can be regarded as a textbook example—precisely timing the moves, acting decisively, and without hesitation exiting during the rebound, making a name for itself and earning a full pot.
However, the market will never let anyone win forever.
Similarly, this whale now has a long position with a floating loss of over $50 million. This is not just a fluctuation in numbers, but more importantly—every day's trading fees are enough for an average worker’s entire annual salary.
This may be the most heartbreaking truth in the cryptocurrency market: you can have textbook-level trading skills, but you can never bet on the market’s next craziness. From the peak to the abyss, it’s sometimes just a matter of one thought.
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The crash on October 11th, the operation of a certain whale can be regarded as a textbook example—precisely timing the moves, acting decisively, and without hesitation exiting during the rebound, making a name for itself and earning a full pot.
However, the market will never let anyone win forever.
Similarly, this whale now has a long position with a floating loss of over $50 million. This is not just a fluctuation in numbers, but more importantly—every day's trading fees are enough for an average worker’s entire annual salary.
This may be the most heartbreaking truth in the cryptocurrency market: you can have textbook-level trading skills, but you can never bet on the market’s next craziness. From the peak to the abyss, it’s sometimes just a matter of one thought.