$30 million WBTC whale suspected of liquidating: March holdings show unrealized loss of over $5 million

SignatureVerifier · 2026-01-14T00:38:11+00:00

On-chain data shows that a large holder with a significant position in WBTC chose to sell during the Bitcoin price rebound, selling at a price below the cost basis, resulting in an unrealized loss of over $5.08 million. This move has sparked market attention regarding their future outlook and risk mitigation intentions.

SignatureVerifier

2026-01-14 00:38:11

Abstract generation in progress

【Chain News】On-chain data shows that a large holder who previously held a significant amount of WBTC has recently made a move. During the Bitcoin price correction in late October last year, this whale continuously accumulated at an average price of approximately $113,000, buying a total of 264.86 WBTC, with a position size reaching the $30 million level.

After holding the position for over three months, the situation reversed. Just a few hours ago, this large holder suddenly acted during the price rally—depositing all tokens into Binance, with an average transaction price of about $93,800. This selling price is over 17% lower than the initial acquisition cost, and if the sale is finalized, it would result in an unrealized loss of over $5.08 million.

From the timing, the large holder chose to exit during the rebound. Whether this operation reflects a new judgment on the market outlook or is simply a risk-avoidance decision is worth the attention of market participants.

WBTC3,09%

BTC3,05%

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SingleForYears

· 9h ago

Damn, why is this whale so weak? Getting in at high positions and getting trapped so badly? Floating loss of over five million in March? I feel for him, this must be the gambler's fate. Wait, is he really trying to run or is he dumping? This kind of operation is a bit suspicious. Is it starting to decline again? My position is going to suffer again. If this guy really clears out his position, should we retail investors also run? Something's off. When big players rebound, they dump. What's the plan for later? I just want to know how he's going to explain this money to the funders haha.

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TideReceder

· 9h ago

Why is this whale so bad? Not only did they buy in at a high level, but they also got stuck so deep?

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