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Whale lost 1.54 million USD in 1.5 months and is still buying the dip on ETH with 25x leverage on HyperLiquid.
Another big fish in the crypto world has flipped.
A giant whale just threw 15,396 AAVE worth 2.57 million dollars to FalconX. This move is quite obvious - a stop-loss sell-off.
Looking back at the timeline: 1.5 months ago, this guy got 20,396 AAVE from FalconX, spending 4.89 million dollars at that time. What happened next? He first sold 5,000 coins for 779,000 USDC to recover, and now the remaining batch has turned back, resulting in a direct loss of 1.54 million.
The more ruthless comes later. This brother also opened a 25x long position on ETH on HyperLiquid, and currently has a paper profit of $407,000.
Both ends are at a loss, nearly 2 million USD went down the drain. This is the daily life of high-leverage players; it looks thrilling, but losing is even more thrilling.