Bull trap or stop-loss exit? A whale/institution that previously made a $96.67 million profit from ETH swing trading just closed their position. An hour ago, this big player liquidated 3846 BTC long positions (worth $350 million), ending with a $4 million loss.
The entire operation chain is as follows — yesterday, they transferred 35.5 million USDC into Hyperliquid in one go, then started increasing their BTC long positions. By 2 a.m. today, the position had grown to 3846 BTC, corresponding to a $350 million exposure. The market didn’t move in the direction they wanted, and the strict stop-loss discipline was executed decisively, but they still incurred a loss. Large transactions like this often serve as market reference signals — the stop-loss points of big players can sometimes become the risk points for retail investors.
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CryptoHistoryClass
· 01-11 03:29
ah yes, the classic "whale capitulation" narrative... *checks charts from 2017-2018*
statistically speaking, this is exactly how the last three bull traps played out before we hit the capitulation phase. those who don't study their own portfolio liquidation history are doomed to repeat it fr
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RebaseVictim
· 01-10 15:09
$350 million can be lost just like that—how strong must that mentality be? How do we retail investors compare?
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screenshot_gains
· 01-08 12:31
$350 million long position closed in one hour. This guy's stop-loss discipline is really strict. Losing $3.8 million is a bit painful.
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FadCatcher
· 01-08 04:57
$3.8 million just disappeared like that. This guy's stop-loss awareness is really tough; if it were retail investors, they would have already held through the loss.
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AirdropCollector
· 01-08 04:57
3846 coins sold off directly, even whales have their moments of losing everything
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So all the previous gains have to be given back, the market is indeed ruthless
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Major investor stop-loss point = retail investor liquidation point, this rule never changes
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$3.8 million in tuition fees, how long do I have to mine to earn that
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It seems that relying on swing trading can't escape the market’s beating, I find it a bit hard to understand
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Just transferred into 35.5 million and started adding positions, this trading approach is really anxious
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Whales are all cutting, and we're still playing in the market, this is really absurd
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So it's better to trust stop-loss, don’t wait for the market to teach you a lesson
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CryptoGoldmine
· 01-08 04:57
3846 BTC stop loss, $3.8 million in tuition fees, this ROI logic is interesting
$96.67 million in gains can be poured in to add positions, indicating a high level of confidence in the direction. Conversely, such large stop losses often suggest that the market structure may really be reversing in the short term
The key is still disciplined execution; those who don't mind losing their principal are the ones who survive the longest
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PessimisticLayer
· 01-08 04:55
Daring to cut even a $3.8 million loss, the discipline and rigor are truly impressive. Meanwhile, retail investors are still holding their positions.
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GasFeeSobber
· 01-08 04:54
A $3.8 million loss just settled like that, truly strict discipline. My fees aren't even that much.
Bull trap or stop-loss exit? A whale/institution that previously made a $96.67 million profit from ETH swing trading just closed their position. An hour ago, this big player liquidated 3846 BTC long positions (worth $350 million), ending with a $4 million loss.
The entire operation chain is as follows — yesterday, they transferred 35.5 million USDC into Hyperliquid in one go, then started increasing their BTC long positions. By 2 a.m. today, the position had grown to 3846 BTC, corresponding to a $350 million exposure. The market didn’t move in the direction they wanted, and the strict stop-loss discipline was executed decisively, but they still incurred a loss. Large transactions like this often serve as market reference signals — the stop-loss points of big players can sometimes become the risk points for retail investors.