On January 8th, on-chain monitoring data shows that a seasoned holder recharged 18 million Binance Life tokens to a major exchange within the past 10 hours. Based on the recharge price of $0.1386 at the time, this batch of tokens is worth approximately $2.496 million.
It is worth noting that the historical transaction record of this address is not optimistic. During the period from October to November last year, when the token's price was high, this address frequently built positions, with an average cost of about $0.171. If they were to sell everything now, the unrealized loss would amount to $581,000.
From the on-chain trajectory, such actions usually reflect two situations: either a psychological adjustment to cut losses or a need for capital turnover. Either way, it indicates that early participants are facing downward pressure on the price. Movements of such large holders often mirror subtle changes in market sentiment, which is worth paying attention to for the future trend of the token.
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.
17 Likes
Reward
17
10
Repost
Share
Comment
0/400
rugpull_survivor
· 2h ago
Haha, here’s another story of someone cutting losses, losing 580,000... This is the price of chasing the top.
The big players have run away, is there anyone willing to step in and take over?
Bought in at 0.171, now it’s fallen so badly. If it were me, I’d have already lost sleep.
It’s better to cut losses and move on; anyway, the result is the same—dump the market.
This coin probably will continue to decline... Who’s still holding on tightly?
View OriginalReply0
AirdropHunterXiao
· 17h ago
Another big whale dumping, this time losing 580,000. Heartbreaking.
---
Bought at $0.171, now at $0.1386. This is what it means to be trapped.
---
Is it cutting losses or needing cash for liquidity? Anyway, neither is a good sign.
---
Invested 18 million tokens all at once. How will they pump it up later?
---
Early investors are all admitting defeat, indicating this coin has little hope.
---
Looking at these numbers, the crypto market still has to fall further.
---
It's a trap. Buying in October now only brings tears.
---
Big whales are all fleeing, retail investors are still buying the dip? Wake up.
---
A $2.49 million bag now needs to be sold off. Feeling uncomfortable.
View OriginalReply0
SignatureVerifier
· 01-09 20:06
ngl this reeks of panic liquidation... $581k underwater and suddenly they're dumping? technically speaking, the timing here is sus af. either they're copium-ing through a loss or desperately need liquidity. either way, not the vibe you want to see from your bags.
Reply0
MondayYoloFridayCry
· 01-08 16:13
It's the same old story of big whales running away, with a loss of $580,000... You must have such a shattered mindset to dare to make a move.
View OriginalReply0
CryptoSurvivor
· 01-08 03:52
Oh no, I see someone is escaping again, with unrealized losses of $580,000... how shattered must their mentality be?
It's the same story again, big players buying the dip only to end up catching the middle of the mountain.
The capital chain is probably tight, otherwise who would want to dump at this time?
A typical high-level bagholder, now it's their turn to cut losses.
Many people have already sold off in this wave, and there's still more to fall later.
View OriginalReply0
AirdropHunter9000
· 01-08 03:49
You're selling at a loss again... How much money did this big investor lose?
View OriginalReply0
FUD_Vaccinated
· 01-08 03:39
Starting the game of cutting leeks again?
Losing 580,000 and still daring to dump the market, how desperate must that be?
I should have known not to chase highs in October; it's always like this.
View OriginalReply0
ChainProspector
· 01-08 03:37
It's the rhythm of big whales running again. A floating loss of 580,000 was directly stopped out and exited. So decisive?
Your mentality must be崩了吧, cutting off the cost at 0.171 now, it will be even more painful later.
18 million tokens dumped into the exchange all at once. They are really bearish.
View OriginalReply0
LazyDevMiner
· 01-08 03:35
Another big whale is about to sell off. Why is this coin getting more and more disappointing?
View OriginalReply0
LiquidityHunter
· 01-08 03:24
It's the same old story of big players running away... This time losing over 500,000, does it hurt?
On January 8th, on-chain monitoring data shows that a seasoned holder recharged 18 million Binance Life tokens to a major exchange within the past 10 hours. Based on the recharge price of $0.1386 at the time, this batch of tokens is worth approximately $2.496 million.
It is worth noting that the historical transaction record of this address is not optimistic. During the period from October to November last year, when the token's price was high, this address frequently built positions, with an average cost of about $0.171. If they were to sell everything now, the unrealized loss would amount to $581,000.
From the on-chain trajectory, such actions usually reflect two situations: either a psychological adjustment to cut losses or a need for capital turnover. Either way, it indicates that early participants are facing downward pressure on the price. Movements of such large holders often mirror subtle changes in market sentiment, which is worth paying attention to for the future trend of the token.