Whale 44 WBTC were cut: fell below the build a position price, losing nearly $200,000

[Coin World] On-chain monitoring data shows that a Large Investor sold 44.05 WBTC 7 hours ago, with an average transaction price of $87989.88, for a total amount of approximately $3.876 million.

This transaction has caused significant losses for the address. According to tracking data, the cost of establishing the position for this Large Investor was still at $92,474.41 two weeks ago, which means this sale resulted in a direct loss of $197,000. From establishment to liquidation, it took less than two weeks, and BTC has dropped by about 4.8%. Although this decline is not too large, it is enough to generate considerable floating losses for large holders.

Such on-chain transactions often reflect changes in the attitudes of market participants. Large Investors choosing to liquidate at this price level may be due to stop-loss considerations or other capital arrangements. In any case, this type of data is worth noting for investors who want to understand market sentiment.