The legendary “100% win rate whale” just got humbled. On November 5, this trader who had racked up 14 consecutive wins and $15.83M in profits was completely liquidated in a single market crash, taking a staggering $39.37 million loss when BTC briefly dipped below $100K and ETH tanked 15%.
Here’s what went wrong:
The Fall from Grace
This whale was riding high through October—absolutely surgical timing on every trade. But starting October 28, things flipped. Instead of cutting losses, the trader doubled down on long positions in SOL, trying to “average down.” Classic mistake. By November 5, when the market seized up, everything got liquidated at once.
The chain reaction: BTC hit $98,500 low, ETH crashed to $3,057. Within 10 minutes, all positions got force-closed.
Another Whale’s Painful Exit
Meanwhile, the “10.11 insider whale”—who had nailed a $190-200M profit from a brilliant short call on October 11—got caught off-guard by the reversal. Facing liquidation risk on November 5, they were forced to dump 465.4 WBTC and 2,686 ETH for $56.52M just to avoid getting wiped.
The Bigger Picture
This wasn’t isolated drama. The crash wiped out nearly 470,000 traders globally in 24 hours, with $2.055 billion liquidated (80%+ longs getting crushed). Macro headwinds—Fed hawkishness, strengthening USD, Middle East tensions—all piled on.
The Real Lesson
No one beats the market forever. These weren’t newbies; they were legendary traders. Their downfall had one theme: excessive leverage + overconfidence after wins = disaster when the market shifts. Even a 100% track record can’t override basic risk management.
The takeaway? Leverage kills more traders than market direction ever will.
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Baño de sangre por liquidaciones de ballenas: $39M Una sola pérdida expone el mito de los traders imparables
The legendary “100% win rate whale” just got humbled. On November 5, this trader who had racked up 14 consecutive wins and $15.83M in profits was completely liquidated in a single market crash, taking a staggering $39.37 million loss when BTC briefly dipped below $100K and ETH tanked 15%.
Here’s what went wrong:
The Fall from Grace
This whale was riding high through October—absolutely surgical timing on every trade. But starting October 28, things flipped. Instead of cutting losses, the trader doubled down on long positions in SOL, trying to “average down.” Classic mistake. By November 5, when the market seized up, everything got liquidated at once.
The chain reaction: BTC hit $98,500 low, ETH crashed to $3,057. Within 10 minutes, all positions got force-closed.
Another Whale’s Painful Exit
Meanwhile, the “10.11 insider whale”—who had nailed a $190-200M profit from a brilliant short call on October 11—got caught off-guard by the reversal. Facing liquidation risk on November 5, they were forced to dump 465.4 WBTC and 2,686 ETH for $56.52M just to avoid getting wiped.
The Bigger Picture
This wasn’t isolated drama. The crash wiped out nearly 470,000 traders globally in 24 hours, with $2.055 billion liquidated (80%+ longs getting crushed). Macro headwinds—Fed hawkishness, strengthening USD, Middle East tensions—all piled on.
The Real Lesson
No one beats the market forever. These weren’t newbies; they were legendary traders. Their downfall had one theme: excessive leverage + overconfidence after wins = disaster when the market shifts. Even a 100% track record can’t override basic risk management.
The takeaway? Leverage kills more traders than market direction ever will.