A well-known Whale in the market is currently in trouble – they have already lost 43 million USD on paper, and have spent 2 million just on transaction fees. The most heartbreaking part is that the longer the holdings are dragged out, the losses keep climbing like a snowball. Looking at the recent market data, the futures contracts for the three mainstream tokens, BTC, ETH, and SOL, are still fluctuating repeatedly, and many large investors should be trapped here. That's how the market is right now; sometimes the time cost is scarier than the market cost. Some orders, if left too long, can have the transaction fees eat up all the profits, which is also why many professional traders ultimately choose a conservative strategy.
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ShibaMillionairen't
· 12-21 03:52
The transaction fees can really eat up a Whale, it's outrageous.
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SchrodingerWallet
· 12-21 03:49
Loss of 43 million, and the fees also eat up 2 million, how much can this be managed?
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FrontRunFighter
· 12-21 03:37
ngl, this is exactly how the dark forest works... whale's bleeding 43M and nobody even talks about the *real* predator here—the protocol itself. fees alone at 2M? that's systematic extraction masquerading as "market mechanics"
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zkProofInThePudding
· 12-21 03:30
A loss of 43 million sounds outrageous, but the fees are indeed a hidden killer.
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Wow, 2 million in fees, how long do you have to hold the position? My head is spinning.
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That's how it is in a volatile market; the longer it drags on, the more painful it gets. It's better to take a stop loss and leave.
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Honestly, the scariest thing about placing an order is that the fees slowly eat away at your profits, and you can't even see the blood.
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Even large investors can't bear it; it seems futures are just a casino, and a solid strategy really is appealing.
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43 million, I'm directly giving up; this amount is enough to keep someone awake at night.
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I never expected fees to eat up profits to be this terrifying.
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Let’s talk about why short-term fluctuations are so annoying; while slicing the suckers back and forth, the fees are also slicing.
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Professional traders are all stable, yet we still dream of doubling our investments every day. It's ironic when you think about it.
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If this whale had known the fees would be this ruthless, they probably would have run away long ago.
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LuckyBearDrawer
· 12-21 03:24
43 million losses, this fee is really eating it up, getting more and more expensive.
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4am_degen
· 12-21 03:23
Goodness, 43 million evaporated directly, and the fees can eat up 2 million, how outrageous is that?
The longer you hold, the more you lose? No, that's why I chose to lay flat.
In a volatile market, doing futures is not as good as going straight to the casino.
A well-known Whale in the market is currently in trouble – they have already lost 43 million USD on paper, and have spent 2 million just on transaction fees. The most heartbreaking part is that the longer the holdings are dragged out, the losses keep climbing like a snowball. Looking at the recent market data, the futures contracts for the three mainstream tokens, BTC, ETH, and SOL, are still fluctuating repeatedly, and many large investors should be trapped here. That's how the market is right now; sometimes the time cost is scarier than the market cost. Some orders, if left too long, can have the transaction fees eat up all the profits, which is also why many professional traders ultimately choose a conservative strategy.