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**Whale's Emotional Rollercoaster: From $6M Gains to $7.8M Losses in Days**
A major ETH whale just experienced the crypto trading equivalent of a bad breakup.
This whale's journey:
- Bought ETH at $10.11 (the absolute bottom)
- Held for 34 days, watched unrealized gains hit $6M (~300% up)
- Ranked #2 on Hyperliquid ETH longs
- Then panic-switched to a short position
- Closed the short with a $1.38M loss
- Re-entered long at $3,432 with a $660k unrealized loss
**Total damage in recent moves: $7.8M lost**
The pattern is classic: hodl through euphoria → flip bearish at the wrong time → FOMO back in at the top. This whale went from "diamond hands" legend to chasing losses in real time.
Chain monitoring shows the address now holds $43.74M in ETH inventory. Whether this is conviction or just averaging down remains the question everyone's watching.