In the midst of a market crash, a significant player, often referred to as a “whale,” had been maintaining a short position for a duration of five months. This whale was able to transform what initially appeared to be losses into gains. However, despite this turnaround, the whale ultimately failed to close the position in a timely manner. This oversight led to additional losses, highlighting the challenges and risks associated with trading during volatile market conditions. The situation underscores the importance of timely decision-making in trading, particularly in unpredictable market environments.
