On-chain data monitoring shows that a large holder closed a long position of 321.91 BTC on the afternoon of January 21, incurring a loss of $25,000. However, this trader did not completely exit the market; instead, they shifted their focus to LIT—currently using 3x leverage to go long on 638,200 LIT, with an average entry price around $1.89. However, this new position is also in a tricky situation, with an unrealized loss of $172,600. It seems that this large holder's recent judgments have not been very successful.