On-chain whales liquidated $12.24 million worth of BTC positions, remaining still after incurring a $15,000 loss.

On-chain data tracking shows that on the afternoon of January 8th, a whale investor executed a liquidation operation at 16:51, closing a long position in Bitcoin worth $12.24 million. Although this operation cleared the position, the account ultimately recorded a loss of $15,000.

After closing the position, the address is currently in a flat position with no new holdings, and the investor seems to be adopting a wait-and-see attitude. This transaction reflects a divergence in market sentiment among different investors, as large traders’ stop-loss actions often have a certain impact on short-term market sentiment.