The "1011 Insider Whale" still has a paper loss of $42.55 million on its $693 million long position.

According to Odaily Planet Daily, blockchain analyst Ai Yi reports that the "1011 Insider Whale" has spoken out again after two months, firmly maintaining a bullish outlook. From a macro perspective, his bearish logic is crumbling; there is no longer any major systemic risk in the US stock market; the Japanese interest rate hike, the four-year cycle, and the Christmas liquidity crunch will not have a substantial impact on the market. From a technical perspective, the US stock market will trend upwards with fluctuations, and the same applies to BTC and ETH, which are highly correlated with the US stock market. The probability of ETH outperforming the Nasdaq 100 index in the coming months is increasing. Currently, his long positions worth $693 million are still showing a floating loss of $42.55 million, with ETH opened at $3,147.39 and BTC at $91,506.7.