BTC ETH Many fans only learned about Big B Exchange's institutional position data because of my sharing. Recently, people have been constantly giving feedback that the main players on Big B Exchange have been consistently increasing their positions. So, let’s casually talk about Big B Exchange’s data: On Big B Exchange, institutions consider stop-losses when shorting, but they never consider stop-losses when going long. If the market unexpectedly enters a bear phase, they keep increasing their positions and won’t exit unless they’re profitable. The most typical example is in 2022, when they went long from over $60K all the way down to $10K. Along the way, they increased their positions at $50K, $30K, and $20K. At $30K, they heavily bought 40K BTC, ultimately accumulating 80K BTC long positions. They held these positions for two years before starting to reduce them near $40K and $70K, selling off the 60K BTC they went long on at $20K and $30K. In the end, they made significant profits, earning $2 billion. After that, they began using their 20K BTC long positions for T-trading operations. They’ve already completed two rounds of operations, and now they’re in the middle of their third round of continuous position increases. Judging by the position numbers, they’ve basically reached their upper limit for T-trading positions.