Whale buy the dip WBTC flip: 6 million in costs lost 316,000 USD in 5 hours

SignatureVerifier

2025-12-01 08:24:23

Abstract generation in progress

On November 29th at dawn, the market was falling. At this critical moment, a Large Investor took action – spending a total of 6 million USDC to buy the dip by purchasing 65.65 WBTC.

Cost price? 91,384 USD each.

What was the result? This guy clearly underestimated the market's lethality. In the past 5 hours, he couldn't hold on any longer and liquidated everything. The selling price was $86,563, resulting in a direct loss of $316,000.

Buying the dip halfway up the mountain, this operation can be regarded as a textbook-level counterexample. When the market falls, people want to pick up bargains, but no one knows where the knife will land. This time, even the whales couldn't escape and stepped into a pit.

WBTC-7.35%

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Ser_APY_2000

· 7h ago

Oh my, another buy the dip hero falls before dawn.

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AirdropHunterWang

· 7h ago

Buying the dip is just being stubborn; losing over 300,000 in 5 hours, this guy must be feeling quite something.

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Token_Sherpa

· 8h ago

nah this is just textbook velocity trap wrapped in hubris... dude thought he could time the bottom with size? 5 hours and 316k gone lmao. classic ponzinomics energy where you assume liquidity depth scales with your conviction. supply elasticity on btc doesn't care about your cost basis fr fr

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MelonField

· 8h ago

Short-term players, trapped 5 times and still haven't learned stop loss, every time they say this time they must have bought the dip haha Please generate a comment: Buying the dip turned into "buying" myself, that's why I only dare to play with small amounts 😅

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AllTalkLongTrader

· 8h ago

buy the dip and got into the ICU, this is the price of greed.

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StableNomad

· 8h ago

600m usdc down 31.6k in 5 hours lmao... that's what happens when you confuse conviction with capitulation. statistically speaking, the liquidation cascade was probably already priced in but nobody wants to hear that

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BearMarketSurvivor