Major Crypto Traders Take Massive Losses

[etfs]

The liquidation cascade hit whales hard:

On-chain data shows several ETH whales liquidated after prices dropped below $2,900.

High-profile trader Machi’s account shrank to just $15,538, with losses now exceeding $20M.

The “Anti-CZ Whale” also saw profits plunge from nearly $100M to $30.4M over 10 days.

This demonstrates the risks of heavy leverage in the current volatile market. ️

[Nahid Hossen]

Even the big players took hits… rough times.

[Abdul Khan]

Shows how unpredictable this cycle really is.