The "1011 Insider Whale" has suffered paper losses exceeding $50 million.
By:Cointime
according to on-chain analyst Onchain Lens (@OnchainLens), the "insider whale who opened a short position after the flash crash on October 11" is facing a floating loss of over 50 million USD, with their total profit having dropped from 119.6 million USD to 50.47 million USD.
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