White Whale Reports $13.37 Million Unrealized Loss Amid Market Correction

The White Whale, a prominent crypto trading firm, has faced substantial unrealized losses of over $13.37 million, primarily attributed to fluctuations in Bitcoin and Ethereum markets, according to on-chain analyst Ai Auntie. Despite the significant drop, The White Whale’s low collateralization rate of 10% minimizes the immediate risk of liquidation. This strategic move showcases the firm’s ability to manage volatility amidst market turbulence.