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A 6 Million Dollar Catch --- And a Market That Gave No Mercy
Early morning on November 29, while the market dipped and fear crept in, one wallet
0x21B813C9CE9B06e3566757Bd0b2374c855974284, did the opposite of running. With 6 million USDC on hand, it went all-in on Bitcoin: 65.65 $WBTC , Average entry: $91,384
Just a full-scale commitment against the tide. For a moment, it looked like a heroic bottom catch. But the market wasn’t done falling. As the hours passed, the candles kept bleeding.
And instead of the dramatic rebound traders dream about, this position walked straight into a liquidity grinder.
Six hours earlier, it was over: Fully liquidated at $86,563, so the Final loss: $316,000
In crypto, timing is everything.... but it really hard to know that timing.