Whale that slept for 20 months forced to cut losses, LIT long positions liquidated with a loss of $760,000

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【Blockchain Rhythm】On January 5th, on-chain monitoring showed that a large holder who had been dormant for over 20 months suddenly appeared and directly closed their LIT long position. This trade resulted in a significant loss, with a single transaction losing $767,000.

What’s even more heartbreaking is the overall account status of this whale — the accumulated profit has dropped from a peak of $3 million to just $420,000. It’s like their previous gains have been cut by 20%. This shift from massive unrealized gains to actual losses reflects how much pressure long-term holders are facing amid current market volatility. The movements of such on-chain whales often reveal the true attitude of market participants.

LIT-3.59%
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SquidTeachervip
· 01-05 11:04
Haven't moved in 20 months, and as soon as it did, it lost 760,000. How desperate must this whale be?
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TaxEvadervip
· 01-05 11:01
卧槽,沉睡20个月还能亏这么多?这鲸鱼怕不是被迫割肉了吧
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FlashLoanLarryvip
· 01-05 11:01
ngl this whale just realized what opportunity cost really means... 20 months sleeping then wakes up to get liquidated? that's not hodling that's just capital inefficiency with extra steps lol
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GateUser-ccc36bc5vip
· 01-05 10:59
20 months of no activity, and as soon as I made a move, I lost 760,000. How desperate must that be?
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RektDetectivevip
· 01-05 10:42
Still couldn't avoid it after sleeping for 20 months, this is the fate of holding coins... 3 million dropped to 420,000, it hurts just to watch.
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0xSoullessvip
· 01-05 10:35
Woke up after two years of sleep and was directly cut down. This is the legendary "surprise," right? Haha
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