Mysterious Whale Loses $37.6 Million in Trading, Closes All Positions

A mysterious cryptocurrency trading account known as ‘Whale’ experienced a significant drawdown of over $37.6 million before closing all active trades. The account’s equity has now been reduced to a minimal balance of $38,826, reflecting a dramatic exit from the market following volatile trading activity. Analysis shows the whale went through periods of both recovery and heavy losses between June and August 2025. After experiencing significant swings and reaching near breakeven before the downturn, the account saw substantial losses in late July that ultimately brought the total loss to $37.6 million.