The trader known as the "100% Win Rate Whale," who gained attention for a 14-game winning streak in October, is now rapidly reducing leveraged long positions as losses accumulate. By November 3, this whale had amassed over $20 million in unrealized losses across
Bitcoin
(BTC),
Ethereum
(ETH),
Solana
(SOL), and HYPE, according to
on-chain analyst Ai Auntie
. Although recent market recoveries have trimmed the whale's losses from a low of $18 million to $8.4 million,
Lookonchain data
indicates that these positions are still under heavy strain. The most significant losses are linked to a 10x leveraged BTC position worth $1.1 billion (with an entry price of $110,123) and a 10x leveraged ETH position totaling $1.48 billion, as detailed in
a Lookonchain post
. Analysts also point out that the whale has increased its BTC holdings, raising its long position to 1,070 BTC during turbulent market conditions, according to
Lookonchain reports
.
This whale's approach stands in contrast to other major traders. For example, a "40x Long BTC Whale" was liquidated on October 31 after incurring a $6.3 million loss, but soon re-entered the market with another 40x leveraged position worth $19 million,
Lookonchain reported
. At the same time, the "HYPE Listing Insider Whale" is facing a 128% loss on its
XPL
long position, highlighting the market's vulnerability, according to
Lookonchain analysis
. These developments illustrate the high-risk environment as traders contend with shifting liquidity and regulatory headwinds.
In other news,
Chainlink
(LINK) has rolled out its Cross-Chain Interoperability Protocol (CCIP) and Data Streams to The Open Network (TON), making
Toncoin
(TON) available as a cross-chain asset for the first time, according to a
Blockonomi report
. This integration, announced in a
PR Newswire release
, allows secure, permissionless Toncoin transfers across more than 60 blockchains and delivers real-time market data for DeFi platforms. Thodoris Karakostas, Chainlink's Director of Blockchain Partnerships, said the collaboration creates a "composable and connected environment" that links Telegram's billion users to global DeFi liquidity. Glenn Brown, TON Foundation's VP of Business Development, described the update as a "major milestone," emphasizing that Chainlink's infrastructure is essential for expanding cross-chain operations.
The partnership between Chainlink and TON could have far-reaching effects on the crypto sector. By lowering data latency and enabling smooth asset transfers, this integration may encourage institutional participation and drive DeFi innovation. This is in line with current trends, as on-chain analysts identify Chainlink and
XLM
as likely leaders in the evolving liquidity landscape, according to
a LiveBitcoinNews article
.
Market sentiment remains wary, with Bitcoin falling below $110,000 as of November 3, as reported by Coinotag. The ongoing reduction of the "100% Win Rate Whale's" positions—even after adding 140 BTC to its long holdings—reflects a broader move toward risk aversion, according to Lookonchain. Analysts caution that unless the market sees a sustained recovery, additional liquidations could put further pressure on altcoins and increase volatility.
