A dealer who was as soon as hailed as having a 100% profitable fee has fallen right into a nightmare. After delivering a revenue of 33.2 million, this dealer’s portfolio plummeted to a realized lack of 5.5 million. That is thought of one of the vital spectacular losses in latest buying and selling data. This collapse left the crypto market extraordinarily bearish, erasing months of features for Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and HyperLiquid (HYPE).
The right dealer falls into the crimson! A dealer with a 100% win fee noticed his $33.2 million revenue collapse right into a $5.5 million loss. He now has a complete of $21.5 million in unrealized losses on lengthy positions in $BTC, $ETH, $SOL, and $HYPE. Nobody is protected on this market https://t.co/jRRKClkvBQ
— Fujangankan (@fujangankan) November 3, 2025
Enormous positions and leverage potential
The dealer is reportedly overleveraged with over 387 million lengthy positions, together with 1,210 BTC, 39,000 ETH, 600,832 sol, and 161,961 Hype. Realized losses are roughly 21.5 million. Analysts observe that these trades are leveraged at ranges of 10x to 15x, which will increase potential earnings and poses draw back dangers.
This collapse was accompanied by one of many largest crypto liquidations of 2025. When Bitcoin fell beneath the 100,000 mark, greater than 20 billion leveraged positions have been worn out throughout exchanges. Ether and Solana have been no exception, shedding worth and HYPE plummeting by greater than 10% as a consequence of lowered liquidity. Large promoting additionally shattered investor confidence and induced panic in main markets.
Cryptocurrency’s profitable streak in opposition to costly folly
Within the first half of this 12 months, the dealer traded $110 million value of quick Bitcoin positions, incomes him a repute as a consummate dealer. However, the transfer to an aggressive lengthy place got here on the worst doable time, simply earlier than a sudden correction. Market analysts really feel that overconfidence and overleverage compounded the losses as soon as costs began to fall.
The trade is asking the incident a wake-up name to the unstable nature of market circumstances within the crypto world. Even skilled merchants with good observe data are vulnerable to volatility and leverage dangers. This episode despatched a really clear message on the earth of crypto buying and selling, even because the market barely takes off. Until it’s good, nothing will final lengthy out there.
