2026-01-08 02:41:22

From once being a market darling to now being neglected, it seems this account is about to settle the score. A whale address 0x899…360a6 transferred 18 million "Binance Coin" to a major exchange 10 hours ago, equivalent to $2.496 million, with the selling price reaching $0.1386.

Old times are like smoke. This holder started building their position as early as October 7 and 8, 2024, during the peak period when the market cap was still shining at $522 million. They kept buying until November 18, with an estimated average cost at a certain level. In just a few months, the market cap has fallen to $102 million—going from booming popularity to near abandonment, the contrast is enough to evoke sighs. Now, with large deposits into exchanges and such a sharp sell-off, the fate of this investment seems to have been sealed long ago.

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.

13 Likes

Reward
13
6
Repost
Share

Comment

0/400

fren_with_benefits

· 01-08 09:26

Oh my, another high-level sucker bought in again, now it's a huge loss... If you ask me, this is just the usual operation in the crypto circle.

View OriginalReply0

RooftopVIP

· 01-08 03:20

Another sucker who bought at a high point, the market cap has dropped 80% and they're still dumping. How tragic must that be?

View OriginalReply0

RektRecorder

· 01-08 03:10

Another story of huge losses, throwing 18 million tokens into the exchange—how desperate must that be?

View OriginalReply0

GoldDiggerDuck

· 01-08 03:08

It's another story of a big coin crashing, dropping from 500 million to 100 million. This wave of retail investors getting cut is really ruthless.

View OriginalReply0

ChainBrain

· 01-08 03:07

It's the same story again, the tragedy of the latecomer getting caught at the high point repeats itself.

View OriginalReply0

tokenomics_truther

· 01-08 03:00

It's the same old story again, the high-level bagholders are ready to cut their losses... Honestly, just looking at these numbers makes me uncomfortable.

View OriginalReply0