2026-01-14 00:34:54

A large holder recently got caught. This individual, during the first rebound after BTC's peak in late October last year, bought 264.86 WBTC in batches through on-chain address 0x8C0…0F364. The average entry price was $113,012.84, investing nearly $30 million all at once.

Unexpectedly, after three months of holding, instead of doubling, the value kept shrinking. Just four hours ago, this big holder couldn't hold back during the price rally and transferred all WBTC to a major exchange, with a transaction price of $93,823. Doing the math—the difference between the entry and exit prices—he took a significant loss.

This move sharply contradicts all the narratives about buying the dip. It seems that even the most savvy on-chain wallets can't always escape the market’s ruthlessness. This large transfer of WBTC serves as another lesson for those observing whale movements in the market.

BTC4.46%

WBTC4.4%

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MetaDreamer

· 2h ago

Haha, $30 million just disappeared like that. I really can't hold it together anymore. No matter how smart a person is, they can't outsmart their own emotions. That's why I never chase highs, just wait for death. The outcome of buying the dip, everyone judge for yourselves. Losing so much and still daring to pretend to be an exchange, probably planning to liquidate and run. Forget it, forget it. I'd rather keep lying down than keep messing around.

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CryptoWageSlave

· 2h ago

Wow, this guy is really ruthless. He threw in 30 million and acted like nothing happened... but in the end, the market pushed him down and rubbed him out. I knew the bottom signal was coming the moment he cut his losses and exited.

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DegenApeSurfer

· 2h ago

Buying the dip halfway up the mountain, this is the usual operation in the crypto circle... Losing more than 20 million and still able to hold back from exploding, the mental toughness is really strong. What happened to the plan of accumulating on dips? Turns out the market still beat him up badly. I just want to know if this guy's current mindset is... you guys judge.

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GasFeeNightmare

· 2h ago

Ha, another "bottom-fishing genius" story... Invested 30 million and still took a huge loss. Stop talking about whale movements; it's just gambling. Can't hold back? I think the market has pressed you to the ground and rubbed you. When even big players crash, I am even more convinced to continue dollar-cost averaging.

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LiquidityLarry