378 WBTC inflow to exchanges: whale addresses suspected of liquidating, three months of holdings may face losses

OnChainDetective · 2026-01-09T03:46:09+00:00

An address deposited 378.11 WBTC to an exchange 8 hours ago, worth approximately $34.3 million, attracting market attention. The source is BTC held for three months; selling it would result in a loss of $7.483 million. This move may indicate a large holder's liquidation or market volatility.

OnChainDetective

2026-01-09 03:46:09

Abstract generation in progress

【Blockchain Rhythm】On-chain monitoring data shows that address 0x6e1…90733 recharged 378.11 WBTC to a major exchange 8 hours ago, worth approximately $34.3 million. This move has attracted market attention, and many analysts believe it could be a signal of a large holder liquidating.

Tracing the source of these assets is even more interesting. Between October 21 and 26, 2025, this address bought this batch of BTC in multiple transactions at an average price of $110,504 on-chain. In other words, it has held the position for exactly three months since then.

If sold now, the paper loss would be as high as $7.483 million. In such a loss situation, the address owner’s decision to recharge to the exchange might be either a helpless move to cut losses or driven by other considerations. Regardless, such large inflows of WBTC into exchanges often indicate that the market may experience significant volatility.

WBTC1,47%

BTC1,4%

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Anon4461

· 01-11 02:04

Hmm... It's the same trick of cutting losses again. Still daring to act after losing 7.48 million. Either they're crazy or there's a deeper meaning.

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SleepTrader

· 01-11 01:23

Damn, here we go again. When big players cut their losses, we have to follow and jump into the water.

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PancakeFlippa

· 01-09 13:34

Wow, this guy directly lost 7.5 million and still has to cut losses. How desperate must he be?

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ForkMonger

· 01-09 11:48

lmao 748M in red and still dumping? that's not a whale move, that's a governance failure in real time—dude's literally validating protocol darwinism rn. the margin of disruption just got wider, watch the cascade 👀

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ChainMaskedRider

· 01-09 04:16

Uh, this loss is just too outrageous. $7.48 million just disappeared like that? If I were this whale, I'd be completely numb by now.

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GateUser-9f682d4c

· 01-09 04:15

Oh no, another one getting liquidated. Why are so many big players leaving this month?

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GasSavingMaster