You thought whales could hold onto $BTC, but when they decide to cut their losses, they’re even more ruthless than you. Check out this top-tier drama featuring TBTC whale (0xb32B9F109F8Dd5e61f9eFAb1c512ef80E7f98A55). Seven months ago, this big shot confidently scooped up 9.883 $BTC, worth a whopping $1.15M at the time. Full of ambition, they held on, waiting for the moon and stars. Instead, all they got was endless downward pressure. 23 hours ago, they finally saw the light. In a fit of frustration, they used the CoW anti-sandwich protocol to dump all their $BTC and swapped it for GHO stablecoin! After some wild moves, they checked their balance: $777K. Seven months of holding, only to end up with a net loss of $370K! Turns out even top-tier whales have a painfully simple and boring way of hedging—selling $BTC at a low and tearfully swapping it for stablecoins. Let’s give a round of applause to this liquidity provider for the market.