A capable market maker and quant team.
Why are they targeting these publicly known large holders,
only to let whales and institutions liquidate their positions?

Because they have a profit-sharing mechanism with the exchanges.
When they help the exchange liquidate big holders, they receive a profit share.

So many large holders won’t cut losses or get liquidated—unless those markets force a reversal.

There used to be that 100% win-rate mega-whale, then Yili Hua. Now there’s that guy named Aiming Ge—they’re the ones being liquidated.

It’s not because they’re famous; it’s because the money they lose goes into the pockets of market makers and the exchange. So they will be liquidated.
$BTC
#BTC☀