Big whales, insiders, and even market makers don’t have a magic shield against losses it’s a myth in crypto! On social media, everyone flaunts green PnL and “perfect trades,” but in reality, you can watch hyperliquid markets and track millions in daily liquidations. Whales take bigger risks than we do, simply because they have more capital but that doesn’t make them geniuses or market wizards.

Take “guru” Arthur Hayes as an example: three months ago, he bought 7.66M $BIO tokens on spot for $1.1M. Today, he sent the same 7.66M tokens back to Binance, but their value has dropped to $459K. That’s over $540K in unrealized losses. Whether he will sell or hold now is unknown.

The takeaway: just because someone is famous or popular on social media doesn’t mean you should blindly follow them. Often, you can read the market just as well or better by trusting the process instead of chasing names. $BIO