Odaily Planet Daily reports, according to AI Aunt monitoring, 11 addresses associated with BIT have gradually closed out long positions in BTC and ETH worth approximately $419 million, realizing cumulative profits of about $55.095 million. Currently, only address 0xf78 remains with a long position of 1,602.11 ETH, valued at approximately $3.97 million, with an unrealized profit of about $707,000.
BIT-linked addresses liquidate $419M in BTC and ETH longs, realizing a $55.1M profit
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Summary
BIT-linked addresses executed a take-profit strategy, liquidating $419M in BTC and ETH long positions, securing $55.095M in profits. Only address 0xf78 retains a long-term ETH long position of 1,602.11 ETH, valued at $3.97M, with a floating profit of $707K.
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