Interesting on-chain drama. A certain whale started accumulating last November, buying WETH in batches at an average price of $3,085, totaling 9,043 WETH. By mid-January, unrealized gains on paper had soared to $2.87 million, and many might have thought this guy was about to take profits.

But what happened? Nothing. He didn't take any profits.

Until recently, when the market dipped, this whale hurriedly sold 3,000 WETH on the way down, earning only $30,000. Now he still holds 4,089.83 WETH, with an unrealized loss of $472,000.

From nearly $3 million in unrealized gains to current losses, the difference is close to $4 million. Honestly, such moves by big players often make people sigh. Many say it's the cost of greed, but maybe this guy had his own holding plan all along, just couldn't withstand this wave of correction. Anyway, this case is quite worth pondering—when to exit, when to hold, often comes down to a single thought.