【Crypto Rhythm】Recently, by monitoring on-chain data, it was found that since October, market fluctuations have knocked out many well-known traders and whales. Some people remained bullish but ended up losing everything, some churned in altcoins and lost over 7 million in a month, and others who once made huge profits quickly gave them all back. This round of market movement has indeed been very harsh.
First, let's talk about those who have already exited:
There was a trader who, after a sharp decline in October, stubbornly remained bullish on ETH and only capitulated on November 7, losing $2.28 million on that single trade. Over two months, they lost a total of 9.32 million before leaving the market. Another whale, who had been liquidated for 97 million, lost an additional 560,000 on a ZEC short on November 20, losing 6.25 million in just 30 days, and finally chose to exit completely. It is said that this guy is also a regular on a well-known gaming platform.
The "biggest bull" who bottomed out BTC in November also couldn't hold on. On November 18, in E