Trader Who Had Been Holding This Altcoin Since 2021 Finally Sold: Suffered Heavy Losses
The sharp decline in the cryptocurrency market in recent days has also deeply affected large investors.
On-chain data reveals that some whales are closing positions they've held for years, incurring heavy losses. The large losses on Uniswap (UNI) have been particularly striking.
Whale 0x3136, who held 512,440 UNI for nearly five years, finally surrendered. The investor deposited all his assets on Binance, closing the position with a loss of approximately $11.64 million. The whale withdrew these UNI from Binance in April 2021 at an average price of $29.83. At the time, his portfolio was worth $15.28 million, but during the recent sell-off, the total value of his assets had fallen to $3.64 million.
The newly created wallet with the short address 0x499f attracted attention by withdrawing 5,000 ETH (approximately $15.04 million) from Binance in the last 4 hours.
Another whale who has been trading against the market for months, 0x5D2F, has made a massive profit on a short position against Bitcoin. His short position of approximately 1,232 BTC ($113.27 million) currently represents over $24 million in unrealized profit.
This investor's total profit on Hyperliquid has exceeded $51 million, and he also earned $9.2 million in funding fees alone.
One of the most dramatic losses of the recent period belongs to the 0x4ed0 wallet. The investor had accumulated ETH and WBTC through a debt loop strategy, but the sharp price drop plunged these positions into significant losses. He bought 18,447 ETH at an average cost of $4,417 ($81.5 million) and accumulated 1,560 WBTC at an average cost of $116,632 ($182 million).
Over the last three days, he sold his entire ETH position for an average of $3,046, closing his debts. This transaction resulted in a total loss of more than $25 million. The losses on the WBTC side continue. The whale's 1,560 WBTC holdings are currently worth $138.56 million, with an unrealized loss of over $43 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
UK SFO's NFT Scam Case Signals Change in Crypto Regulation
- UK SFO investigates $28M NFT fraud case, arresting two men over Basis Markets scheme using false algorithmic trading promises. - Scheme combined NFT sales with hedge-fund pitches, siphoning funds into personal wallets instead of developing promised products. - Case marks first criminal prosecution centered on NFTs, signaling regulatory shift from enforcement to criminal charges in crypto fraud. - SFO highlights UK's blockchain tracking capabilities, urging victims to come forward as courts may set legal
Data Reporting Lags from Shutdown Complicate Fed's Rate Decision Amid Increase in Unemployment Claims
- U.S. jobless claims rose to 232,000 in the week ending October 18, exceeding forecasts and indicating a cooling labor market despite a recent decline in initial claims. - Continuing claims hit 1.957 million, the highest since early August, while a government shutdown delayed data releases, creating uncertainty ahead of the Fed’s December meeting. - The Fed’s rate-cut probability dropped to 30% as mixed labor market signals weakened arguments for aggressive easing, with Bitcoin and Treasury yields reactin
DASH Aster DEX Experiences On-Chain Growth: Signaling a Revival in DeFi
- DASH Aster DEX drove DeFi's 2025 revival with 330,000 new wallets and $27.7B daily trading volume via hybrid AMM-CEX model. - Platform's multi-chain AI routing engine and 1,650% ASTER token surge attracted institutional partnerships and $1.4B TVL. - Tokenomics with 5-7% annual burns and institutional credibility from Binance/YZi Labs partnerships reshaped DeFi's liquidity dynamics. - Sector-wide $181B DeFi market cap rebound reflects renewed retail/institutional demand for secure, yield-generating decent
Bitcoin News Update: Fundamental Flaws Trigger $3 Trillion Cryptocurrency Collapse During Speculative Frenzy
- Cryptocurrency markets collapsed on Nov 21, 2025, with $1.93B in liquidations erasing $3T in value as Bitcoin and Ethereum plummeted amid unexplained volatility. - Speculative panic and structural fragility drove Bitcoin below $87,000 while 391,164 traders faced losses, highlighting market instability and regulatory gaps. - UK authorities seized $33M in crypto linked to Russian sanctions evasion, while Brazilian firm Rental Coins filed bankruptcy to recover fraud-linked assets. - Analysts warned of prolo
Trending news
MoreCrypto prices
More
