20 Consecutive Short Wins Whale Experiences Major Pullback: Unrealized Loss Exceeds $15.5 Million, Total Profit Shrinks by Nearly 55%

BlockBeats News, April 17th, according to data from lookonchain, a well-known trader's address pension-usdt.eth experienced a significant drawdown during this round of market rebound, with a substantial unrealized loss on their short positions. The address currently holds approximately 1,000 BTC (about $77.5 million) and 20,000 ETH (about $48.7 million) in short positions, totaling an unrealized loss of over $15.5 million.

As a result, their historical cumulative profit has plummeted from a peak of around $33.28 million to approximately $14.98 million, a nearly 55% drawdown.

It is worth noting that this trader had previously set a record of 20 consecutive profitable trades with a win rate of over 85%.