Turning into a seriously painful chapter for whale 0x60468BA27448F88B19F52ED02F1a8C52F7a0b21d.
The wallet, which was previously carrying more than $140 million in combined $BTC and $ETH long positions, has now been completely liquidated over the past 48 hours.
After getting caught on the wrong side of the market, the trader has walked away with a staggering $17.69 million in total losses.
From managing nine-figure positions to having nothing left open... that's a brutal reminder of how quickly leverage can turn against even the biggest players.