Whale turning, market under pressure. 🚨 A whale with a long position of $310 million turned from profit to loss, indicating increased leverage risk at high levels; 24-hour liquidation across the network reached $167 million, with long positions dominating and sentiment leaning bearish. 📉 On-chain data shows BTC and ETH net outflows from CEXs, signs of capital outflow; ETH transferred to exchanges may indicate selling pressure. Macroeconomically, non-farm payroll data suspected of leakage has triggered uncertainty. Although some altcoins' whales still hold unrealized gains, overall volatility has increased. 🚀 The STBL roadmap and new contract launches offer limited positive signals, unable to hide short-term weakness. The current market is oscillating and correcting, with weakened bullish momentum, and short-term sideways correction is expected.