Crypto World News reports that the digital financial services group BIT heavily bought Ethereum (ETH) last night, making approximately $2 million in profit during this rebound phase.


The group opened a 15x leveraged ETH long position through a sub-address (0xa5b), with an average entry price of about $2,269, totaling $81 million.
From this morning until noon, ETH prices continued to rise, and as of press time, the address's unrealized profit has reached $2 million, with a return rate of 36%.
Meanwhile, two other related addresses of the whale also saw significant gains, with the combined unrealized profit of the three addresses increasing by $3.1 million within the day.
This address belongs to the digital financial services group BIT and has received multiple fund transfers from its accounts before.
It previously took a long position on ETH with a scale of hundreds of millions of dollars, earning over $50 million in profit.
ETH1.78%
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