According to TechFlow, on December 16, on-chain analyst Onchain Lens (@OnchainLens) reported that the "whale that opened short positions after the flash crash on October 11" is facing a floating loss of more than $50 million, and its total profit has dropped from $119.6 million to $50.47 million.
The "1011 Insider Whale" has suffered paper losses exceeding $50 million.
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