There's an interesting story. A big whale spent $42.42 million simultaneously betting on digital assets and traditional precious metals, but as BTC stabilized, he immediately changed his mind.

Here's what happened: this guy spent $30 million at the end of October, buying 264.8 WBTC at a price of $113,262 each, totaling an investment of $24.85 million. After transferring to a major exchange, this order is now showing an unrealized loss of $5.15 million. He promised to hold long-term, but as soon as the market rebounded, he couldn't sit still.

What's interesting is that he's still holding onto real gold. His account still has a spot gold position worth $13.49 million. He bought both, but ended up cutting his losses on one and still stubbornly holding onto the other. This operation is indeed a bit hard to understand. Maybe he thinks the story of this rebound isn't over yet, and the story of gold still needs to continue.