Whale Suffers Massive Losses Amid Market Downturn, Potential Losses Reach $7.6 Million

According to monitoring data from OnchainLens, on January 8, a whale address 0x10a experienced significant losses amid continued market declines:

• Its long positions in FARTCOIN and PUMP tokens (both leveraged at 10x) have already undergone partial liquidation;
• The BTC long position was fully liquidated, resulting in losses of approximately $1.69 million.

In just two days, the profit of $5.8 million on this address quickly turned into a loss of $1.87 million. Currently, the whale still holds long positions in FARTCOIN and PUMP, with unrealized losses reaching $747,000, dangerously close to the next round of liquidation.