According to Ai Yi monitoring, a Bit-affiliated entity that previously realized a $55.095 million profit on long ETH positions opened 8,000 ETH longs at $2,440.49 via a new address 0x6c9…259a4 during ETH’s overnight decline. Its total ETH long position has now increased to 29,500 ETH, valued at approximately $72 million, turning from profit to loss with an unrealized loss of about $1.042 million, making it the fifth-largest ETH position on Hyperliquid.
BIT-linked entity increases ETH long position to 29,500, with a floating loss of $1.042M
TechFlowShare
Summary
A BIT-linked entity increased its ETH long position to 29,500 ETH via a new address 0x6c9…259a4, opening 8,000 ETH at $2,440.49 during a recent decline in ETH’s price. The position is now valued at approximately $72 million, with a floating loss of $1.042 million. ETH analysis shows it ranks as the fifth-largest ETH position on Hyperliquid.
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