Gate News bot message, A notable cryptocurrency trader known for their previous 100% win rate has closed all long positions in ETH, HYPE, SOL, and BTC, resulting in a $44.67M loss.
The trader, who previously recorded profits of $26.6M, now faces a substantial reversal with losses reaching -$28.77M in perpetual futures trading.
The significant portfolio adjustment occurred amid current perpetual futures market conditions.
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Prominent Crypto Whale Closes Major Positions with $44.67M Loss
Gate News bot message, A notable cryptocurrency trader known for their previous 100% win rate has closed all long positions in ETH, HYPE, SOL, and BTC, resulting in a $44.67M loss.
The trader, who previously recorded profits of $26.6M, now faces a substantial reversal with losses reaching -$28.77M in perpetual futures trading.
The significant portfolio adjustment occurred amid current perpetual futures market conditions.