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Trader With 100% Win Rate Loses $38 Million in Market Meltdown

By

Triparna Baishnab

Triparna Baishnab

A trader once hailed for a flawless 100% win rate now faces $21.5M in crypto losses. What went so wrong in this shocking market collapse?

Trader With 100% Win Rate Loses $38 Million in Market Meltdown

Quick Take

Summary is AI generated, newsroom reviewed.

  • Trader with a 100% win rate lost $38.7M in total value.

  • $21.5M in unrealized losses remain across BTC, ETH, SOL, and HYPE.

  • Total exposure exceeds $387M under 10x–15x leverage.

  • Market crash wiped out $20B in leveraged positions globally.

One trader who was once commended to possess a 100 percent win percentage has plunged into a nightmare. The portfolio by the trader plummeted after yielding a profit of 33.2 million into a loss of 5.5 million realized, which is considered to be one of the most spectacular losses in recent trading records. The collapse saw crypto markets become strongly bearish and wiping out months of gains in Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and Hyperliquid (HYPE).

Huge Positions and Exposure to leverage

There is a report that the trader is over leveraged in long positions over 387 million, including 1210 BTC, 39,000 ETH, 600,832 sol and 161,961 Hype. The loss realized is at about 21.5 million. Analysts have observed that, these trades leveraged on 10x to 15x levels, which increases the potential payoff and wreaks downside risk.

This collapse was accompanied by one of the biggest sets of crypto liquidations of 2025. The leveraged positions worth more than 20 billion across exchanges wiped out as Bitcoin fell below the 100,000 mark. Ether and Solana were no exception, they lost their value, and HYPE collapsed by more than 10 percent in the context of declining liquidity. The mass sell-off also destroyed investor confidence and brought a panic to the major markets.

Crypto Winning Streak to Expensive Follies

In the first half of this year, the same trader traded off $110 million worth of Bitcoin short positions and made a fame as a flawless trader. Nevertheless, the move to aggressive longs position executed at the worst time, just before an abrupt correction. Analysts of the market feel that overconfidence and over leveraging compounded the losses once the prices began to fall.

The industry has referred to the incident as a wakeup call of the volatile nature of the market conditions in the crypto world. Even experienced traders that have a perfect track record are prone to volatility and leverage risk. With the market hardly on its feet, the episode has brought out a message that is quite clear in the world of crypto trading: nothing lasts long in the market without being perfect.

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