According to on-chain analyst Ai Yi (@ai_9684xtpa), the Bit-affiliated entity that previously realized $55.095 million in profits from long positions has re-entered long positions in $ETH. The new address 0xa9d…3e049 received $10 million in USDC margin yesterday and opened a 6,000 ETH long position today (approximately $14.98 million) at an entry price of $2,492.
BIT-linked entity opens a 6,000 ETH long position at $2,492
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Summary
A BIT-linked entity has initiated a 6,000 ETH position trade at $2,492, totaling approximately $14.98 million. The new address 0xa9d…3e049 received 10 million USDC as margin. The position size indicates a substantial bet on Ethereum’s near-term price movement.
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