Odaily Planet Daily reports, according to on-chain analyst Aunt Ai, the Bit-affiliated entity (0xa9d...3e049), which previously realized a profit of $55.095 million, received $10 million in USDC margin yesterday and opened a long position of 6,000 ETH, worth approximately $14.98 million, at an entry price of $2,492, two minutes ago.
Bit-Linked Entity Opens 6,000 ETH Long Position Worth $14.98M
KuCoinFlashShare
Summary
A bit-linked entity (0xa9d...3e049) executed a position trade, securing $10 million in USDC margin to open a 6,000 ETH long position. The position size totals approximately $14.98 million at an entry price of $2,492. This follows a previous trade that generated $55.095 million in profit, according to Odaily.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.