Whale gives up after 30 long positions, closes 64 BTC worth $89,900 with a loss of $5.79 million

2026-01-22 04:52:09

【Blockchain Rhythm】Another whale story. This guy has been longing continuously, 30 times already, each time ending in failure, but he still refuses to give up. Today around 11:25, when BTC hovered around $89,900, he finally chose to admit defeat—closing his 64 BTC long position and losing a total of $5.79 million in one go. Behind this trade reflects the market’s ongoing volatility, even large funds can’t withstand the changing sentiment. Not many can persist through 30 attempts and still dare to go long, but even more have been repeatedly taught lessons by the market.

BTC-0,87%

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.

6 Likes

Reward
6
8
Repost
Share

Comment

0/400

DeFiGrayling

· 21h ago

Didn't get it even after 30 tries, finally gave in this time. What does that mean? The market is really tough.

View OriginalReply0

ShitcoinConnoisseur

· 01-22 07:10

Haven't learned after 30 times? This is the legendary leek's self-cultivation, haha.

View OriginalReply0

BearHugger

· 01-22 05:58

30 attempts and still not giving up, this mentality is really tough. 5.79 million just disappeared like that, indicating that no matter how much money you have, you can't withstand the brutal blow of leverage.

View OriginalReply0

ClassicDumpster

· 01-22 05:20

Still going long after 30 times, this guy is really tough, but in the end, he was still wiped out by the market.

View OriginalReply0

GateUser-a5fa8bd0

· 01-22 05:15

Still going long after 30 times, this guy is really brave... No, he's really stubborn.

View OriginalReply0

MetaverseLandlord

· 01-22 05:14

30 times, haha, this guy really is the best spokesperson for a leek harvesting machine.

View OriginalReply0

CryptoPhoenix

· 01-22 05:13

30 times... This guy's resilience is truly incredible, but sometimes persistence is just a struggle against oneself. --- $5.79 million is gone just like that. What does it mean? The mindset collapsed, no matter how strong the funds are, they can't withstand the unpredictability of emotions. --- Actually, he should have been sober by the 5th time, but aren't we the same? --- The prerequisite for rebirth from Nirvana is to survive first. This guy finally understands this truth. --- Looking at his story is like looking in a mirror. How many times have we repeated the same mistakes? It's just the amounts lost that differ. --- Who hasn't been repeatedly taught by the market? The key is what we learn from it. --- Actually, the price of 8.99万... if you think about it from a different perspective, it might be an opportunity for those with patience. --- Closing 64 BTC positions, I wonder if he will jump back in next time and gamble on a bottom rebound.

View OriginalReply0

DegenDreamer

· 01-22 05:02

Still going long after 30 times, this guy's mentality is really incredible... $5.79 million just disappeared like that

View OriginalReply0