A crypto whale identified as "先定 10 个大目标" said on X that a short position intended to capture a pullback before re-entering a long position resulted in losses expanding from 2 million to 4.6 million. The trader said the market moved against the planned view, with the position not closed at the preset 70,400 stop-loss level before prices rallied to around 71,500. The comments were posted on Aug. 21, according to BlockBeats.