The whale sold off $30 million! Is it a signal to sell at the top or a buying opportunity? Senior analyst Fuqi explains it in three points.

Brothers, there’s big news just dropped on-chain! A whale started selling off after floating a loss of $30 million on wBTC, first losing $18.4 million last week to clear $ETH , and now selling off another 100 wBTC. But looking closely at the data, there are hidden secrets in this operation!

1. The truth about the whale's sell-off: stop-loss or reallocation?

This whale built a position at a high of $116,000, and now is selling at $91,000. It seems to be a significant loss, but don't forget it still holds 1,210 wBTC (worth $110 million). My judgment is: this operation seems more like a proactive reallocation rather than a panic sell-off. Just like in Texas Hold'em, a skilled player might occasionally fold small cards to preserve their chips, focusing on keeping enough bullets for critical rounds!

2. Impact on the market: don’t be misled by the 'whale narrative'

In the short term, it may trigger follow-up selling, but in the long term, the behavior of a single whale is unlikely to change the overall trend. For instance, in May, there was also a whale selling off $BTC , and a week later the market rebounded by 15%. What we really need to focus on is BlackRock's ETF continuously increasing its position (adding another 12,000 this week); institutions are the stabilizing force!

3. What should players do? Remember two tips

Don’t blindly follow the trend: the whale's sell-off might be due to leverage liquidation or urgent cash needs, unrelated to your bullish view on BTC.

Adopt institutional thinking: when it drops to key support levels (like $85,000), accumulate in batches, just like stockpiling during supermarket sales.

Final reminder

After this whale cleared its ETH, ETH actually rose by 8%, indicating that the market is specially designed to treat various 'superstitions'. Tonight in the village, I will uncover the reallocation patterns of its three wallets and teach you to see through the whale's true intentions! Retail investors should be 'patiently waiting for opportunities, acting decisively and accurately'. Follow Fuqi for daily real-time strategy sharing + loss prevention guide! #加密市场反弹