🚨 Market Bloodbath Update: Even the Biggest Whales Are Feeling the Pain
If markets are bleeding, remember this—whales aren’t immune, especially on Ethereum. Recent on-chain data from Lookonchain shows massive unrealized and realized losses among some of the largest players.
Here’s a breakdown of the heaviest hits:
🔹 Tom Lee
Accumulated 4.24M ETH worth $9.55B at an average price of $3,854.
Current unrealized loss: ~$6.8B 💀
🔹 Garrett Jin
Swapped 35,991 BTC for 886,371 ETH, now down $770M.
Then went aggressive with a $632M ETH long and faced liquidation losses of $195M 😯
🔹 Jack Yi
Purchased 651K ETH worth $1.46B at an average of $3,300.
Current unrealized loss: ~$680M.
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Market cycles are brutal—but they don’t discriminate. Even the biggest wallets take hits during extreme volatility. Stay disciplined, manage risk, and remember: this phase won’t last forever.