The WBTC I bought at the promised Double Twelve discount price ended up being a loss, and I had to close all positions😅

A certain whale address dumped 44.05 WBTC 7 hours ago at an average price of $87989.88, totaling $3.876 million. The heartbreaking part is that this transaction directly incurred a loss of $197,000—looking back at the entry cost of $92474.41 from two weeks ago, it must have been filled with high hopes.

This operation is quite interesting: from standing guard at a high position to being forced to cut losses, the price has dropped nearly 5%, and the mindset of investors is understandable. Interestingly, this kind of large-scale sell-off has been occurring frequently recently, and the signals of short-term pressure on the market are becoming increasingly obvious.