A certain whale experienced a severe drawdown during the market downturn, with potential losses exceeding $7.6 million.

GateUser-6433627c · 2026-01-08T04:29:44+00:00

On January 8th, whale address 0x10a experienced a severe drawdown due to market decline. FARTCOIN and PUMP long positions were partially liquidated, and BTC long positions were fully liquidated, resulting in a loss of approximately $1.69 million. The account's profit quickly shifted from a gain of $5.8 million to a loss of $1.87 million. Currently, the long positions are still held, with an unrealized loss of about $747,000.

GateUser-6433627c

2026-01-08 04:29:44

Abstract generation in progress

On January 8, according to OnchainLens monitoring, as the market declined, the whale address 0x10a experienced a severe drawdown: its FARTCOIN and PUMP (both 10x leverage) long positions were partially liquidated; the BTC long position has been fully liquidated, with a loss of approximately $1.69 million. In just 2 days, the account’s profit turned from a gain of $5.8 million to a loss of about $1.87 million. Currently, the whale still holds FARTCOIN and PUMP long positions, with an unrealized loss of approximately $747,000, very close to being liquidated again.

FARTCOIN-4,33%

PUMP-7,46%

BTC0,06%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.