Whale closed 84 BTC long positions with a loss of $45,000, continuing to observe.

SignatureVerifier · 2026-01-21T09:38:13+00:00

A major trader suffered losses in BTC long trades, losing $45,000 and choosing to close the position. Currently, they have no holdings and are observing the market. This wallet has been highly active recently, having deposited 10 million USDC, indicating it is a whale, but this recent loss has caused them to temporarily halt trading.

SignatureVerifier

2026-01-21 09:38:13

Abstract generation in progress

【Blockchain Rhythm】 Yesterday midday, a major holder suffered a setback on their BTC long position. The trade was not small — 84.37 BTC. Shortly after opening the position on the same day, they chose to close it, resulting in a paper loss of $45,000. After closing the position, this address currently holds no positions and has temporarily shifted to a watchful mode.

This wallet is quite active, with recent frequent signs of fund transfers in and out. The most exaggerated single operation was depositing 10 million USDC, which indicates that a true big player is behind it. From the fund flow, it’s clear they are preparing for possible subsequent trades. However, this loss on the BTC long seems to have prompted this big holder to temporarily hit the pause button.

BTC0,86%

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.

13 Likes

Reward
13
4
Repost
Share

Comment

0/400

LootboxPhobia

· 01-21 10:08

Pause the game when losing 45,000 on 84 Bitcoins? That mindset is really quite fragile.

View OriginalReply0

ProposalManiac

· 01-21 10:03

84 BTC lost 45,000, this move... feels like there's a problem with the mechanism design, and the entry plan wasn't well prepared. Stop-loss is like DAO governance; without a benchmark mechanism, it's just gambling. Waiting and watching? Now that's rational game theory, much better than blindly going all-in. Hoarding 10 million USDC, the next move depends on market consensus confirmation, or it could be a trap again. Historically, those big players who went all-in didn't end up well, this guy seems pretty smart.

View OriginalReply0

ChainChef

· 01-21 10:03

ouch, 84 btc down the drain... that's a bitter recipe nobody wants to taste lol. guess even the big whales can undercook their market timing sometimes, ngl

Reply0

SmartContractWorker