A certain whale suffered a severe drawdown during the market downturn, with potential losses exceeding $7.6 million.

BlockBeats News, January 8, according to OnchainLens monitoring, as the market declined, whale address 0x10a suffered a significant drawdown:

Its FARTCOIN and PUMP (both with 10x leverage) long positions were partially liquidated;
The BTC long position was fully liquidated, resulting in a loss of approximately $1.69 million.

Within just two days, the account's profit at this address quickly shifted from a $5.8 million gain to a loss of about $1.87 million. Currently, this whale still holds FARTCOIN and PUMP long positions, with an unrealized loss of around $747,000, and is very close to another liquidation.