
PANews|Aug 02, 2025 02:38
The White Whale: Last night's sharp decline did not result in liquidation, but some long positions in SOL have been abandoned
The White Whale, a giant whale, posted: "Many people are concerned about how they are doing after the bloody market massacre in the past 24 hours. I have about 5 million stablecoins in CEX, but for some reason, withdrawals could not be processed, leading to the decision to abandon a long position,
In order to maintain positions in other accounts, I regretfully gave up my original (but not all) SOL long position. Currently, I have other positions but are in a loss making state.
In addition, thanks to these processing operations, it was not cleared, but a great entry opportunity was missed, resulting in a loss of nearly $20 million in future profits. ”
It is reported that the giant whale "The White Whale" once ranked first in profits on HyperLiquid, surpassing another well-known whale James Wynn.
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