1) This whale's portfolio had a 𝗻𝗲𝘁 𝘄𝗼𝗿𝘁𝗵 of more than $𝟭𝟬,𝟬𝟬𝟬,𝟬𝟬𝟬.
Today it's worth less than to $𝟮,𝟱𝟬𝟬,𝟬𝟬𝟬.
Who is this 𝘂𝗻𝗽𝗿𝗼𝗳𝗶𝘁𝗮𝗯𝗹𝗲 𝘄𝗵𝗮𝗹𝗲 and how can we 𝐭𝐫𝐚𝐜𝐤 his mistakes?
2) This whale's journey has certainly be an unprofitable one.
What started with a portfolio funded with a net worth of $10,800,000 turned into a portfolio with a net worth of $2,300,000 today.
What went wrong and what tokens did he buy?
3) Well apparently a lot and not just one or two times either.
The whale had to cut plenty of his plays with a huge amount of loss.
Let's take a look at some of the more notable ones.
4) $LADYS
This is an example that happened not to long ago.
$LADYS had some short term momentum due to a tweet from Elon Musk.
This wallet ultimately ended up buying the exact top and selling it pretty soon after with a hefty loss.
5) $PRIME
This wallet also had a very large conviction in the token $PRIME.
He spend more than 700-800k dollars on it.
Ultimately he had to sell it at a very hefty loss of more than 50%.
6) $LINK
This wallet didn't spend any low amounts of money trading #LINK.
Yet the 3 times he tried to invest in or trade #chainlink he ended up losing every single attempt with a 100% losing rate.
7) I could go on for quite a while but in general the trading performance has been quite poor.
Didn't he make any profitable plays? Did he only make losses?
He did make some ways obviously but they didn't make up for the amount of losses he made.
8) Why show us unprofitable whales Nova?
To show you the other side of the story and to warn you with the 𝗯𝗮𝗱 profitable whale threads on twitter nowadays.
Exchange wallets or freshly funded wallets that reveal a huge balance but never made any profit in the first place.
10) Or mostly just 𝗼𝗻𝗲 𝗵𝗶𝘁 wonders that 𝗮𝗹𝗺𝗼𝘀𝘁 𝗮𝗹𝘄𝗮𝘆𝘀 end up like this wallet.
A whale that got lucky with one play is not a whale worth tracking.
Let alone call it alpha.
You want a whale with a proven track record (1 lucky trade isn't) like this one ↓
11) And even then it's not always advisable to follow them since my research revealed most of these use bots and make minute trades which are dangerous because they make profit out of you in such a short timeframe.
High conviction plays with slow purchases however could be.
12) Those are a little bit more interesting to track but they don't show up daily like the engagement farms you see on twitter these days.
Posting for the sake of posting.
The larpers as many call them.
The new "moon carls'' of this era.
Nova out ❤️
13) If you like these threads consider giving me a follow @CryptoGirlNova.
I write guides to make you a better trader including 24/7 live updates on the market.
Like/Retweeting the first tweet below would mean a lot to me 👇💟
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