Gus Hansen has lost around $365,000 over the past month, bringing his lifetime losses on Full Tilt Poker to $16.4 million, according to HighstakesDB. That figure is an all-time low for him.

So far this year, Hansen has only had three small upticks, the rest has been soul-crushing defeat. He is in the hole more than $1.5 million on 2014, and it’s not even the end of February.

Since Full Tilt Poker relaunched in November 2012, Hansen has dropped nearly $13.2 million. Prior to the site shutting down, he was on a massive upswing of around $6 million. Reuniting with his screen name, and its accompanying account balance, has proven to be a terrible development, in some sense, for the Danish poker pro.

Hansen’s peers are crushing him, but they don’t think he is a bad player, or at least they don’t say so publicly. The consensus is that he’s just not game selecting well.

“I don’t think he is a favorite against anyone he is playing against,” Dan Cates told Card Player in a recent interview. “I think he’s a dog in almost every game he is playing in. Not everyone, but pretty close. That’s not to say that I think he is a bad player, but he is not picking his spots very well.” Cates went on to call Hansen a “smart guy” and that he could turn it around.

Limit hold’em specialist Kagome Kagome told Card Player awhile ago about how he views Hansen’s downswing: “I think Gus is a fearsome and smart player. Sometimes however he takes things a bit too lightly and starts making small mistakes.”

To give you some context on Hansen’s recent losses: He has more than double the losses of the second worst performer so far in 2014 (Brit Alex “IReadYrSoul” Millar), and more than double the losses of the second worst account in the history of online poker (noataima). His losses on the “Gus Hansen” account have been unprecedented.

It has taken him nearly 1.4 million hands to record $16.4 million in losses.

While Hansen’s career on the virtual felt has been abysmal, he is still regarded as one of the most successful live players of all-time ($9.8 million in tournament earnings).

On the flip side, Viktor “Isildur1” Blom and Ben “Bttech86” Tollerene are both up more than $1.5 million in 2014. Doug " WCGRider" Polk sits in third with $680,725.

Compared to 2013 around this time, this year has been a bit slower in terms of action.