On-chain tracking: Address lost $316,000 in short-term WBTC operations over 5 hours.

HashBandit

2025-12-01 08:00:16

[Coin World] Interesting on-chain activity has been captured. An Address starting with 0x21B took advantage of the market pullback to buy the dip, using 6 million USDC to sweep 65.65 WBTC, with a cost price of 91,384 USD.

However, the plot twist came quickly. In just 5 hours, this trader liquidated all WBTC at a selling price of $86,563. Calculating it out, this operation resulted in a direct loss of $316,000.

Another case of buying the dip at half-mountain has emerged. During market fluctuations, timing is more important than anything.

WBTC0.8%

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.

11 Likes

Reward
11
4
Repost
Share

Comment

0/400

SmartMoneyWallet

· 21h ago

316,000 USD disappeared in 5 hours, this timing is indeed disappointing. --- On-chain data shows yet another typical chase the price sell with bearish market, with a cost of 91,384 being smashed down to 86,563, this kind of trading technique looks very amateur. --- More than 650 WBTC, the urgency to cut loss with such a large amount of funds suggests that there is definitely no good liquidity expectation ahead. --- I've seen too many people buy the dip halfway up the mountain, the key is that this guy lacks patience with his holdings; in capital games, the most feared are those who panic in five minutes. --- Wait, 5 hours? This doesn't seem like the rhythm of a technical trader, it looks more like a panic liquidation scared out by the market. --- Addresses with such concentrated chip distribution usually have stories, a loss of 316,000 USD is too costly, and the tuition is paid too quickly. --- The interesting point in on-chain tracking is here — having money to operate does not equal being able to operate well, this address has made a mess of the timing question.

View OriginalReply0

governance_lurker

· 21h ago

Buying the dip to halfway up the mountain is really amazing, this guy lost 316,000 in 5 hours... the market is really that cruel.

View OriginalReply0

FlashLoanLarry

· 21h ago

The fate of buying the dip, the heart of a gambler. Losing 316,000 in 5 hours, why does this guy seem even more anxious than me?

View OriginalReply0

VitalikFanboy42

· 22h ago

Oh no, this guy's timing is really disappointing, losing 316,000 in 5 hours, he must be in a hurry. --- Didn’t manage to buy the dip, instead got trapped... this is the crypto world. --- I really don’t understand this operation, how could he cut loss so quickly? --- Another story of "I came to buy the dip" and then got slapped in the face, laughing to death. --- 316,000 gone in 5 hours, he must be really anxious. --- I wouldn’t dare to learn trading at this level, it’s too thrilling. --- Buying the dip turned into catching a falling knife... will he dare next time? --- The market likes to play like this, you want to buy the dip and it just keeps falling. --- Having a lot of money doesn’t help, if the timing is off by a bit, it’s all gone. --- Ultimately, it’s still a lack of understanding of the market. --- If I had to make this order, I would jump off a building, hahaha.

View OriginalReply0

Trending TopicsView More
#JoinGrowthPointsDrawToWiniPhone17
226.87K Popularity
#DecemberMarketOutlook
20.26K Popularity
#GIGGLEAndPIPPINSurge
3.27K Popularity
#LINKETFToLaunch
3.05K Popularity
#SharingMy100xToken
3.36K Popularity

Hot Gate FunView More

1
web3Web3
MC:$3.4KHolders:1
0.00%
2
POPOPopo
MC:$3.48KHolders:2
0.29%
3
GB CRT GB CRIPTO
MC:$3.42KHolders:2
0.10%
4
MARYSMary S
MC:$3.4KHolders:2
0.00%
5
CHIPChip-in
MC:$3.41KHolders:2
0.09%

Sitemap