Trading myths shattered? Several well-known whales repeatedly make mistakes, collectively losing about $200 million

BlockBeats News, December 19 — According to HyperInsight monitoring, since October, several well-known whales and traders have been exiting the market or recording large losses amid market volatility. Below is a summary of some addresses previously reported:

“11.11 Steadfastly Long ETH After Crash” — Last trade: November 7, ETH long position lost $2.28 million, exited after two months with a total loss of $9.32 million;

“Whale Liquidated for 97 million” — Last trade: November 20, ZEC short position lost $560,000, exited after 30 days with a loss of $6.25 million. This trader is also a well-known player on Roobet and Stake.com;

“November Bottom-Buying BTC Largest Long” — Last trade: November 18, ETH long position gained $910,000, slightly offsetting the $7.3 million loss on the same day, exited after 30 days with a total loss of $5.77 million;

“WLFI Advisor Ogle” — Last trade: October 16, BTC long position lost $800,000, exited after 60 days with a small loss of $3.24 million;

“100% Win Rate Whale” — Last trade: November 11, ZEC long position gained $12,000, previously misjudged the market multiple times over two months, losing $31.8 million.

Additionally, according to HyperInsight, traders still active with large floating losses include:

“Maji Huang Licheng” — Current position: ETH long with floating profit of $150,000, previously suffered 70 consecutive losses, losing $36 million;

“Long a Basket of Altcoins” — Current position: Longs on 10 altcoins with floating loss of $590,000;

Since November, has been long on 22 different tokens, with a total loss of $7 million over a month;

“BTC OG Insider Whale” — Current position: Longs on three major mainstream coins, floating loss of $47 million;

“1kx Fund Co-founder Related Address” — Current position: ENA long with floating loss of 1014%, recently liquidated for $1.71 million, with a total loss of $6.18 million over two months;

“Calm Order King” — Current position: BTC and SOL shorts with floating loss of $60,000, previously achieved a floating profit of $25 million within 60 days before fully giving it back;

“Steadfastly Long HYPE” — Current position: HYPE long with floating loss of $19.8 million, with a two-month loss of $22.25 million, previously suspected of being an insider whale for HYPE listings.