【"Running away" in the turmoil? Whale liquidates 32.71 WBTC, cashing out $3.51 million, only making $68,000】
5 hours ago, a whale with a position for one and a half months chose to act during a sharp drop in BTC from $108,000, liquidating 32.71 WBTC, worth about $3.51 million, and actually only profiting $68,000.
Such a large position, yet only earning a 1.9% floating profit, what signal does this release?
1️⃣ Market volatility intensifies, even whales are unwilling to bear the fluctuations
In the past few days, BTC has repeatedly tested the highs without success, short-term upward momentum is weak, panic sells are frequently triggered, and short-term holders are prioritizing capital preservation and profit-taking, preferring to make less rather than getting "stuck".
2️⃣ The volatile market is not very friendly to spot players
Currently, buying leads to sideways movement, a slight rise results in a drop, going long has no profit, and going short is feared by sudden rebounds; a small mistake can lead to being "hit from both sides". The whale chose to cash out profits near the pressure zone, which is actually a reflection of a lack of clear expectations for the trend.
3️⃣ Bearish or bullish?
In the short term, it reflects bearish sentiment, indicating that large market participants are starting to worry about a deep correction after the turbulence;
But in the medium term, the whale's liquidation frees up more chips to wait for a lower position to re-enter, which may also be a healthy turnover.
Whales are not gods; they also fear uncertainty. But true experts do not blindly go all-in nor easily exit the market. Earning when it’s time to earn and withdrawing when it’s time to withdraw is the secret to longevity.
Are you also hesitating whether to hold or cash out? Leave a comment with your operational thoughts!
