🚨 Whale 0x655 Sells Off 261.589M $BEAMX at a Massive Loss!

In a major move over the past 12 hours, Whale 0x655 has completely liquidated 261.589 million $BEAMX , receiving 2.126 million DAI in return. The sell-off occurred at an average price of $0.008126, marking a staggering 77% loss from their initial investment. This whale originally accumulated these tokens between December 13-14, 2024, spending a total of $9.257 million (via wstETH & DAI) at an average buy price of $0.03539. After nearly three months of holding, they exited with a $7.13 million deficit.

🔻 Consecutive Heavy Losses

The pain doesn’t end there. Just 12 hours earlier, the same whale suffered another devastating hit, taking a $6.9 million loss (-62.7%) on $BEAMX after a three-month holding period. This rapid sequence of liquidations suggests a desperate portfolio restructuring or a major shift in strategy—but the reasoning behind the exits remains unclear.

❓ What’s Next?

With back-to-back losses totaling over $14 million, all eyes are now on this whale’s next move. Are they cutting their losses to reposition in stronger assets, or is this the start of a broader exit from the market? Only time will tell. What do you think is coming next? 👀💭

#CryptoWhaleMoves #MarketWatch #BEAMX #PEPE #LiquidationAlert