According to EmberCN monitoring, the large holder known as "BTC OG Insider Whale" has not continued to increase their position in the last two days, nor have they decreased it, but instead chose to hold firm on this nearly 700 million USD long position.\n\nAs the market continues to decline, their overall long position currently has an unrealized loss of approximately 73.18 million USD.\n\nThe specific position structure is as follows:\n\t•\tETH Long Position\n\t•\tQuantity: 191,000 ETH (approximately 540 million USD)\n\t•\tOpening Price: 3,167 USD\n\t•\tCurrent Unrealized Loss: 64.28 million USD\n\t•\tLiquidation Price: 2,083 USD\n\t•\tBTC Long Position\n\t•\tQuantity: 1,000 BTC (approximately 86.15 million USD)\n\t•\tOpening Price: 91,506 USD\n\t•\tCurrent Unrealized Loss: 5.35 million USD\n\t•\tSOL Long Position\n\t•\tQuantity: 250,000 SOL (approximately 30.83 million USD)\n\t•\tOpening Price: 137.5 USD\n\t•\tCurrent Unrealized Loss: 3.55 million USD\n\nThe key is not how much is lost,\nbut rather: they neither added to their position nor set a stop loss.\n\nThe choices of such whales are often not based on short-term judgments,\nbut rather on a funding structure with a longer cycle and higher tolerance.\n\nThe more panic in the market,\nthe more it reveals who is "trading the market",\nwho is "holding through the cycle".\n$BTC $ETH\n$BTC \n