According to Onchain Lens, a whale closed a ZEC long with 3.2M realized profit, then flipped short and exited about an hour later with a 1.6M loss, giving back 50 percent of its ZEC gains; source: https://twitter.com/OnchainLens/status/2007330383382360257. According to Onchain Lens, the same address had previously lost 7.7M trading BTC and now shows a cumulative loss of 5.56M; source: https://twitter.com/OnchainLens/status/2007330383382360257. According to Onchain Lens, earlier when ZEC traded back above 500, the whale’s 3x ZEC long showed over 5M in floating profit while the portfolio still sat at more than 2M overall loss; source: https://twitter.com/OnchainLens/status/2005064700103659853 and on-chain dashboard: https://hyperbot.network/trader/0x6b26f66f460fd173b009d0c7a478ca400470e03f.

According to @bobbyong, Arkham’s on-chain post shows Machi Big Brother incurred nearly $50 million in losses, while James Wynn previously lost about $100 million, underscoring the scale of single-wallet drawdowns in crypto markets (source: @bobbyong on X; Arkham on X). According to @bobbyong, these outsized realized losses highlight how whale addresses can experience significant PnL volatility that traders track via on-chain intelligence for risk assessment (source: @bobbyong on X). According to Arkham’s referenced post, wallet-level PnL disclosures provide concrete signals for monitoring concentrated exposures and potential whale-driven flows in the short term (source: Arkham on X).

According to the source, a whale is holding six perpetual positions totaling $101 million. According to the source, the combined PnL is -$2.91 million, with the largest losses in $ASTER (-$1.74M) and BTC (-$1.09M). According to the source, only DOGE (+$307K) and ETH (+$64K) are in profit. According to the source, the whale is still holding the positions.