A well-known long address has recently taken notable actions. This trader, ranked second on the leverage platform, currently holds long positions worth $318 million in BTC, ETH, and SOL, with an unrealized loss of $3.9 million. Ethereum accounts for the largest proportion, reaching 62.4%.

What’s even more interesting is his strategy—despite the account being in a loss, this trader continues to place orders to buy the dip. Specifically, he has placed limit buy orders for 786.85 BTC in the range of $95,000 to $95,400, valued at approximately $74.95 million. At the same time, in the $3,285 to $3,300 range for Ethereum, he has placed limit orders totaling 8,346.78 ETH, amounting to $27.48 million.

This operational logic is quite clear—if the market experiences a deeper correction, these buy orders totaling over $100 million will be triggered. This may reflect the on-chain whales’ optimistic outlook on the long-term market trend, as they continue to hold and add to their positions on dips despite short-term unrealized losses.