The Truth Behind the Giant Whale's 'Desperate Struggle for Survival'!
This operation is not a 'normal portfolio adjustment' at all! Five months ago, a big player went all-in with 240 WBTC at the high of 98k, and recently sold 85 of them at a loss over the past five days, directly cutting losses of 365,000.
What's even more ruthless is that they just deposited 50 WBTC (worth 4.7 million) into a certain exchange, and if they sell now, they would incur another loss of 210,000. This kind of chain liquidation behavior is clearly a trick by the market makers playing 'passing the parcel'.
The big player's account now only has 155 WBTC left, a decrease of 35% compared to the initial investment. More strangely, multiple whales have been madly selling off during the same period—one person dumped 60 WBTC in a week, cashing out 5.05 million, and another account cut 85.7 WBTC just five hours ago, cashing out 7.29 million. This collective escape is obviously a coordinated massacre by the market makers.
Are you stuck? When will you buy the dip? As always, if you're confused and helpless and don't know what to do, click on the avatar and comment. I need fans, and you need references.
