#比特币流动性 An interesting phenomenon: a certain early large holder still stubbornly maintains over $7 billion in BTC and ETH positions. Floating losses have already exceeded $53 million, and just the funding fees amount to a loss of $2.61 million, yet there are no signs of closing the position. What does this reflect? Confidence in the long-term prospects, or helplessness after being trapped? $BTC Large holders of @E5@ are experiencing the market test. Similar scenarios frequently occur in bear markets—the decisions of big whales often become the market's liquidity indicator. Whether they can hold on until the rebound or ultimately choose to cut losses and exit remains to be seen.