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CryptoWorld News: The largest on-chain ETH long position "BIT-Linked Whale" has dispersed funds and increased positions through three addresses this morning. As of press time, they have accumulated approximately 25k ETH, worth about $56 million, with an average buy-in price of around $2,240.
With this round of additional purchases, the total long positions across the three addresses have exceeded $204 million, currently with an unrealized loss of about $2.02 million.
This address belongs to the digital financial services group BIT and has received multiple transfers of funds under its name. Previously, it held a multi-billion-scale long ETH position, with profits exceeding $50 million.