Crypto Whale’s 1,000x Leveraged Trading Leaves $933,200 in Losses

A crypto whale accumulated approximately $10.301 billion in transaction volume while recording about $933,200 in historical trading losses, with no open positions as of Oct. 11 at 5:50 a.m. ET (9:50 UTC).

The whale had settled 1,058 positions, all using 1,000x leverage. Thirty-seven of those positions were liquidated, producing approximately 361,000 USDC in margin losses across trades involving Bitcoin (BTC) and Ether (ETH).

The account also staked approximately 84.98 million PAPER. That amount represented about 1.59% of total platform staking and generated approximately 223,900 USDC in rewards.

The figures capture the whale’s settled trading activity and staking position at the reported time.