According to online reports, according to @OnchainDataNerd, a giant whale address (starting with 0x0af) previously opened a long position of GRIFFIN with 1 leverage (i.e., non-leveraged spot) at a price of US$0.249. Although not leveraged, the position is still in a floating loss state due to subsequent price declines, with a book loss of approximately US$550,000. Monitoring information also mentioned that when the GRIFFIN price fell to US$0.026, the floating loss on this position was as high as approximately US$1 million. Even so, the giant whale address has not yet chosen to close its position and continues to hold multiple orders in the loss.