: ( 222kb)
Black defends his upper left corner, also immobilising White's single stone there.

:
White peeps at the upper edge, punishing Black for his mistaken previous move.

:
Black connects here.

It would not make a difference if Black played elsewhere, instead.
White would cut at , locally investing only one move, instead of two moves (, ) here. The effect of Black's tenuki on the Main Semeai Liberties would become zero.

At the moment of White's decision point, Black's large group in the upper right will have only six liberties (), and so fall prey to the Punishment Semeai.

White will win the game by a large margin.