Recently, the digital asset market has experienced increased fluctuations, and several well-known traders and investors have suffered significant losses. According to market data, multiple Futures Trading Whales, including "Brother Maji" Huang Licheng, have accumulated losses of over $55 million in the past week.



Huang Licheng's trading losses in the past seven days have exceeded $12.7 million, drawing market attention. Another well-known trader "Guncang Ge" has recorded losses of $11.5 million and $24.5 million in two wallet addresses, with total losses reaching as high as $36 million.

It is worth noting that the large holder @qwatio, who was once believed to have insider information, has recently taken a wait-and-see approach and has not made any trades. However, their account assets have been wiped out, with losses reaching $2.8 million in the past month.

Market analysts point out that these large loss cases once again highlight the high risk of digital asset trading. They emphasize that risk control is always the most critical aspect of trading, regardless of the scale of the transaction. Investors are advised to operate cautiously, set reasonable take-profit and stop-loss levels, and avoid excessive leverage to prevent the tragedy of having their funds completely cleared.

This series of events has also sparked discussions within the industry regarding the regulation of Futures Trading. Experts are calling for stronger management of high-leverage trading, increased risk awareness among investors, and the promotion of healthy market development.

Overall, the significant losses experienced by multiple Whale traders have sounded an alarm for the entire digital asset industry. It serves as a reminder to all participants that even experienced traders can incur substantial losses, making the establishment of a robust risk management system essential.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
StakeOrRegretvip
· 3h ago
Suckers are ultimately suckers, they can't be played for suckers endlessly.
View OriginalReply0
SillyWhalevip
· 10h ago
It's a loss, it's tough for both brothers.
View OriginalReply0
MaticHoleFillervip
· 10h ago
It's really not worth betting your life.
View OriginalReply0
TrustMeBrovip
· 10h ago
Tell a joke: suckers are looking forward to being played for suckers.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)