PANews reported on December 18 that, according to on-chain analyst Yu Jin, the "$230 million long whale (i.e., the "1011 insider whale")" has not continued to add to its position in the past two days and still holds a long position of nearly $700 million.

However, as the market continues to decline, his long positions are currently showing a floating loss of $73.18 million.

• 191,000 ETH ($540 million) long, opening price $3,167, unrealized loss $64.28 million, liquidation price $2,083;
• 1000 BTC ($86.15 million) long position, opening price $91,506, unrealized loss of $5.35 million;
• The position has 250,000 SOL tokens (US$30.83 million) in long positions, with an opening price of US$137.5 and a floating loss of US$3.55 million.