Can you name any of them that have gone bankrupt? I'm a crypto player/trader but so far so good and I have never been bankrupt.
You are saying that there are many traders that have failed in the crypto market.
Do you have any reason on why you are saying this or you just basically want to say this to scare others?
No one can still name those players. Who knows who bought that 400 million USD BTC. Like who cares if someone buys it, media won't take too much attention to it unless an enlightening issue goes by.
Anyways, maybe they weren't bankrupt at all. They could've sold most of it but left few cents that they're gonna stack up soon. I wouldn't call whales for this kind of situation, as players aren't technically the whales. Someone could've been holding BTC for years with their own sight that it is gonna reach this far within years. Although I'm gonna be surprised they can hold it for years judging that a lot of economist, investors etc like Warren Buffett had already said something about cryptos.