20 hours loss of $3.609 million, not everyone can withstand this kind of blow🥹



A well-known wallet address just cut losses at the market high. Data shows that this whale closed a long position of 3846.27 BTC an hour ago, worth about $350 million. More importantly, he also withdrew all 31.7 million USDC collateral afterward.

A detail that really explains the situation—he won't open new positions in the short term. This could mean he's reflecting on his strategy, or he's just been completely stunned by this wave of market movement. In the crypto market, having cash doesn't save every position. This loss marks the end of his 11 consecutive wins.
BTC-0,38%
USDC0,02%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
MintMastervip
· 17h ago
3.6 million dollars gone, even whales have to admit defeat This wave of market conditions is truly a bit desperate 11 consecutive wins are just gone, if it were me, I would have lost my mind That's just how the crypto world is, even with money, you can't withstand it Feels like he needs to calm down for a while
View OriginalReply0
MemeTokenGeniusvip
· 01-08 04:53
Oh no, over 3.6 million USD gone in one wave. This guy must really be questioning life. A position of 350 million just disappeared, and my 11-game winning streak luck has run out. This is why I never go all-in; taking profits when it's good feels right, doesn't it? Speaking of which, even these big whales can get wrecked, so retail investors should be more cautious. The moment I withdraw USDC, I guess I'll start reflecting on life haha. Having money can't withstand the market’s temper, brother. By the way, when will this guy get back on board? I need to follow and catch some gains.
View OriginalReply0
TeaTimeTradervip
· 01-08 04:45
Oops, even big fish have their crashes Can't handle 350 million, forget about my small retail investment Winning streak ends, this is the price of leverage Withdrew all the margin, it seems they've been scared off Over 3.6 million USD just gone, it's painful This wave of market movement has wiped out everyone, not just him The 11-game winning streak shattered into pieces
View OriginalReply0
ZKProofEnthusiastvip
· 01-08 04:41
This is what they call seeking wealth in risk; losing so much that you doubt life itself. Even the strongest wallet can't withstand this wave of market turbulence. 300 million directly gone; if it were me, I would have already given up. An 11-game winning streak shattered, it's a bit tragic. That's why leverage is called poison; stop-loss can't even save you.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)