2025-12-12 02:47:26

Interesting, the big trader who was repeatedly using leveraged long positions on WBTC finally couldn't hold on and started reducing their position 😂

Specifically, the address 0x931...3c721 placed orders on-chain in the last three hours, selling off 150 BTC at an average price of $92,276 to recover $13.84 million to repay the Aave debt. This operation resulted in an unrealized loss of $75,000.

Looking back at the records, this person has been active since April this year — back then, at a price of $92,777, they bought 340.2 WBTC to go long, investing a total of $31.56 million. Currently, they still have a substantial amount of collateral tied up in Aave that hasn't been touched.

Interestingly, even if a well-known insider recently kept calling for long positions, this whale decided to reduce their holdings and didn't give any face. It seems the market sentiment is more effective than calling for buys 🤷

WBTC-0.93%

BTC-0.89%

AAVE-2.82%

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.

12 Likes

Reward
12
4
Repost
Share

Comment

0/400

HallucinationGrower

· 12-13 03:08

Haha, this is reality. No matter how big the whale is, it can't withstand the torture of leverage. This guy really endures it. From April until now, he's been tortured like a dog. Calling signals is really just a joke; in the face of the market, everyone is equal.

View OriginalReply0

GasFeeCrier

· 12-12 03:17

Haha, this guy finally can't take it anymore. Leverage traders are all the same. It’s much more reliable to listen to your own judgment than to follow the big players' signals. This wave of unrealized losses is $75,000. Isn’t that awesome? Since opening the position, he hasn't made any money and still has to pay off debt while running. Only real guns can reveal who is really bluffing. Is the derivatives market so crazy? Now everyone has to play like this. Rather than trusting signals, it’s better to watch whales' actual operations. This brother probably has such poor sleep quality. While others are running away, what are you still waiting for?

View OriginalReply0

SelfCustodyBro

· 12-12 03:16

This guy really can't hold on anymore, should have cut losses earlier... Invested over 30 million yuan and this is the result. Floating loss of 75,000 yuan, what are you still holding on for? If this continues, Aave's collateral will explode. Market movements speak louder than calls; no matter how much the big influencers shout, it's useless. A good hand of cards turned into this, it's painful just to watch.

View OriginalReply0

CryptoTarotReader

· 12-12 03:15

Wow, this big player really can't hold on anymore. The unrealized loss alone is $75,000. Does it hurt? No matter who shouts the loudest, it's useless. If you need to run, you should run. That's true smart money. From April until now, they've been trapped. Leverage is really a double-edged sword. Still need to repay debt on Aave. The embarrassing situation is all on the blockchain, haha. Compared to those who call signals every day, the actual actions of whales speak more volumes, right?

View OriginalReply0

Trending TopicsView More
#GateNovTransparencyReportReleased
18.99K Popularity
#FedRateCutComing
676.81K Popularity
#PostonSquaretoEarn$50
66.02K Popularity
#BitcoinActivityPicksUp
18.46K Popularity
#CryptoMarketRebound
509.91K Popularity

Hot Gate FunView More

1
GOGopher
MC:$3.58KHolders:1
0.00%
2
MIRMirror Protocol
MC:$4.91KHolders:5
6.09%
3
Tech IT GAYTIG
MC:$3.61KHolders:1
0.00%
4
GWHALESGWHALES
MC:$3.69KHolders:1
0.83%
5
LOOKSLooks
MC:$3.6KHolders:4
0.00%

Sitemap