A whale that long on a basket of altcoins lost $42.7 million this year, missing out on the current market rally after a large-scale liquidation.

On January 5th, according to HyperInsight monitoring, the "long by the whale(0xa2c) starting November 17th may have temporarily failed due to the timing of its entry. Since opening positions in November, its 22 long positions were liquidated multiple times in late December due to the market downturn, resulting in a loss of $6.19 million. The total position size plummeted from approximately $25 million to $2.33 million. Due to the severe reduction in funds, this address "miss the pump" on the recent market recovery and failed to recover effectively. Furthermore, this address has accumulated losses exceeding $42.7 million this year.