Big whale cashes out 254 WBTC, short-term unrealized loss of $5.15 million

LiquiditySurfer · 2026-01-14T01:24:13+00:00

【BlockBeats】Recently, on-chain monitoring detected an interesting transaction. A whale address decided to liquidate part of its holdings amid the BTC rally.Specifically, last October, this address spent $30 million to buy 264.8 WBTC at an average price of $113,262 each. Today, it transferred these WBTC to a major exchange, which, at the current price, is worth only $24.85 million, resulting in a direct loss of $5.15 million. The timing is a bit unfortunate — it was a good rebound point, but clearly the price hasn't returned to the original purchase cost.However, this address still holds a significant amount of assets. It also owns $13.49 million worth of gold tokens (including XAUt and PAXG), with an average purchase price of $4,239, currently showing an unrealized profit of $1.07 million. It seems this whale is diversifying its assets, with exposure to both cryptocurrencies and precious metals as a hedge.

LiquiditySurfer

2026-01-14 01:24:13

【Block Rhythm】Recently, on-chain monitoring detected an interesting transaction. A whale address decided to clear some of its holdings amid the BTC rally.

Specifically, last October, this address spent $30 million to buy 264.8 WBTC at an average price of $113,262 per BTC. Today, it transferred these WBTC to a major exchange, which, at the current price, is worth only $24.85 million, resulting in a direct loss of $5.15 million. The timing is a bit unfortunate—originally a good rebound point, but clearly the price hasn’t returned to the initial purchase cost.

However, this address still holds a significant amount of assets. It also owns $13.49 million worth of gold tokens (including XAUt and PAXG), with an average purchase price of $4,239, currently showing an unrealized profit of $1.07 million. It seems this whale is diversifying its assets, with exposure to cryptocurrencies as well as precious metals for hedging.

After this exit, there was indeed a short-term loss, but based on the overall holdings structure, its strategy appears to be adjusting positions rather than completely bearish. It’s worth continuing to watch this address’s subsequent actions.

WBTC3,41%

BTC3,49%

XAUT1,02%

PAXG0,86%

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rekt_but_resilient

· 2h ago

Ha, another classic example of a failed stop-loss. A floating loss of 5.15 million USD just like that. What is this whale thinking? Rebound to a high point and then dump... But still holding gold tokens with unrealized gains. Diversification really has some merit. How strong must this mentality be? Losing so much and still calmly hedging and reallocating. The key is, when will you make it back, buddy?

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SeasonedInvestor

· 5h ago

Bro, buying this much is just too outrageous, you're really a top expert. Losing 5.15 million and still selling with a smile? I need to learn this mindset. Gold tokens are actually more stable in profit; this whale really understands risk diversification. The timing was just a bit off, but losing is losing anyway. Better than being trapped and stuck. This round taught a lesson, do you still want to try to buy the dip? According to this trend, the whale is probably going to eat dirt.

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HodlAndChill

· 5h ago

Hmm, this whale's luck isn't great. 5.15 million USD just disappeared like that.

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CryptoWageSlave

· 5h ago

This guy really knows how to time the market. He just couldn't catch the rebound high, and $5.15 million is gone...

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OnChain_Detective

· 5h ago

ngl the timing on this one's sus... whale dumps 254 WBTC right when we're supposed to be bullish? pattern analysis screaming liquidation pressure, not organic exit. flagged.

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SelfSovereignSteve

· 5h ago

Lost 5.15 million and still remain calm holding gold, this whale's mentality is really steady.

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0xSoulless

· 5h ago

Whales lost 5.15 million but still dare to clear their positions. How desperate must that be... Anyway, us retail investors are already used to the feeling of getting cut.

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