Reference

In 1924, the whaleship Wanderer, the last of New Bedford’s great whaling vessels, met a tragic end near Cuttyhunk Island. On August 25, 1924, the Wanderer left New Bedford for its final whaling voyage and anchored off Martha's Vineyard to wait out a storm. During the night, the ship broke loose from its anchor and was driven onto the rocks at Sow & Pigs Reef at Cuttyhunk Island by the storm, where it was completely wrecked.

Here's a relevant image of the wreck:

(Source: wbur.org)

Fortunately, the crew managed to escape and landed safely on Cuttyhunk Island. However, the ship itself was beyond salvage and was subsequently scrapped.

For more detailed information, you can read about it on the Vineyard Gazette here and WBUR here.