Bitcoin: ‘100% Win Rate Whale’ Liquidates All BTC Longs as PnL Reverses From $33M Profit to $17.6M Loss
BTC/USDT
$17,366,629,629.18
$71,554.95 / $68,531.50
Change: $3,023.45 (4.41%)
-0.0023%
Shorts pay
COINOTAG News, citing Lookonchain data on November 3, reports that the so-called “100% Win Rate Whale” has been defeated, liquidating all Bitcoin long positions at a loss while progressively reducing long exposure in ETH and Solana (SOL). The on-chain signal marks a shift in risk posture among large holders and signals a changing liquidity backdrop.
PnL swung from +$33 million to -$17.6 million, illustrating how real-time position management can erase prior gains in volatile spot and derivatives markets. Market participants should note the unwind pattern and the persistence of shorter-term long exposure across top assets, signaling a cautious stance amid evolving macro cues and on-chain activity.
As the narrative unfolds, traders should monitor liquidation levels, whale footprints, and the velocity of token inflows to exchanges, which together shape near-term price discovery. This episode underscores the importance of conservative risk assessment and reliance on verifiable on-chain telemetry for credible market commentary.