Whale closed 84 BTC long positions with a loss of $45,000, continuing to observe.

robot
Abstract generation in progress

【Blockchain Rhythm】 Yesterday midday, a major holder suffered a setback on their BTC long position. The trade was not small — 84.37 BTC. Shortly after opening the position on the same day, they chose to close it, resulting in a paper loss of $45,000. After closing the position, this address currently holds no positions and has temporarily shifted to a watchful mode.

This wallet is quite active, with recent frequent signs of fund transfers in and out. The most exaggerated single operation was depositing 10 million USDC, which indicates that a true big player is behind it. From the fund flow, it’s clear they are preparing for possible subsequent trades. However, this loss on the BTC long seems to have prompted this big holder to temporarily hit the pause button.

BTC0,62%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
Add a comment
Add a comment
ContractSurrendervip
· 01-24 09:38
84 BTC are in your hands now, and you still dare to sell? Hang on a bit longer, buddy.
View OriginalReply0
MemeTokenGeniusvip
· 01-24 08:25
Haha, even big whales have their crashes sometimes.
View OriginalReply0
MetaverseLandlordvip
· 01-24 02:43
84 BTC lost $45,000, how strong must one's mentality be? If it were me, I would have already had a mental breakdown.
View OriginalReply0
LootboxPhobiavip
· 01-21 10:08
Pause the game when losing 45,000 on 84 Bitcoins? That mindset is really quite fragile.
View OriginalReply0
ProposalManiacvip
· 01-21 10:03
84 BTC lost 45,000, this move... feels like there's a problem with the mechanism design, and the entry plan wasn't well prepared.

Stop-loss is like DAO governance; without a benchmark mechanism, it's just gambling.

Waiting and watching? Now that's rational game theory, much better than blindly going all-in.

Hoarding 10 million USDC, the next move depends on market consensus confirmation, or it could be a trap again.

Historically, those big players who went all-in didn't end up well, this guy seems pretty smart.
View OriginalReply0
ChainChefvip
· 01-21 10:03
ouch, 84 btc down the drain... that's a bitter recipe nobody wants to taste lol. guess even the big whales can undercook their market timing sometimes, ngl
Reply0
SmartContractWorkervip
· 01-21 10:02
Oh no, it's another story of a BTC long position exploding, losing 45,000 on 84 coins. How anxious must that be?
View OriginalReply0
  • Pin