A whale with a dramatic fate: From million-dollar gains to massive losses

DegenApeSurfer · 2026-02-12T14:08:42+00:00

A prominent cryptocurrency investor, the "1011 Insider Whale," has shifted from a success story to a cautionary tale, suffering massive losses of $128.87 million after previously earning over $142 million. This transformation highlights the volatility and risks in the decentralized finance market.

DegenApeSurfer

2026-02-12 14:08:42

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A prominent cryptocurrency whale named “1011 Insider Whale” is currently experiencing an unprecedented turn of its assets. What was once considered a success story has turned into a warning example of the volatility of the crypto market.

The Former Top Whale in the Loss Zone

According to PANews, this whale originally topped the profit rankings with gains of over $142 million. Today, the picture looks completely different: the same investor now leads the loss rankings—with massive losses totaling $128.87 million. A whale once regarded as a model investor has now become a symbol of rapid market reversals.

What This Transformation Means for the Market

This dramatic change of such a prominent whale raises questions: How quickly can even experienced investors lose their gains? The whale here symbolizes the enormous risks lurking in the decentralized finance market. Such cases show that even large positions are not immune to sudden market movements—an important signal for all market participants.

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