🩸 The giant whale has lost another 3.6 million dollars, and myths are being shattered one by one.

Lookonchain monitoring shows:

Giant whale address degen-retard.sol

Two weeks ago:

📌 Bought 100,000 SOL for 124 dollars

📌 Total cost 12.4 million dollars

📌 And staked it

Sold all 6 hours ago.

Result:

💸 Loss exceeds 3.6 million dollars.

And this is not the first time—

He has previously lost 6.6 million dollars on SOL.

Cumulative losses exceed 10 million dollars.

🧊 Three brutal realities

1️⃣ Giant whale ≠ always right

Many people like to follow big holders on the blockchain:

"Follow the smart money."

But the reality is—

Big holders can also buy at the top.

Big holders can also cut losses.

Big holders can also make mistakes in judgment.

A large wallet does not mean a correct direction.

2️⃣ Staking is not a protective talisman

Some may say:

"He is still staking and earning."

But when the price drops from 124 to over 80 dollars,

A few months of staking returns

Cannot offset the price drop.

In a bear market:

The yield

Cannot keep up with the drop.

3️⃣ Emotion is the biggest leverage

What stage is buying at 124 dollars?

It is often:

The market has just rebounded

Emotions are warming up

The voices of "a new cycle is coming" appear.

This is typical:

Emotional chasing.

🧠 The most common mistakes retail investors make

Seeing giant whales buy → Follow

Seeing staking → Feel more secure

Seeing a rebound → Increase positions

When the giant whales cut losses,

You might still be:

"Wait a bit longer for a rebound."

📉 Why do stocks drop harder than cryptocurrencies?

Because the market prices not just assets.

But also confidence.

When big holders start to incur consecutive losses,

The narrative will become shaky.

"Smart money" can also be slapped in the face.

🩸 The real lesson

There are no eternal gods in the cryptocurrency world.

Only:

Position management

Risk control

Stop-loss discipline

If one address can lose 10 million dollars,

Why do you think you won’t lose 100,000?

⚠️ Calm reminder

✔ Do not blindly believe in giant whales

✔ Do not heavily invest just because others are staking

✔ Do not assume a bull market just because of a short-term rebound

The market specifically targets—blind faith. $BTC $ETH #美国伊朗对峙 #Bitcoin谷歌搜索量暴升