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A whale suspected to be associated with BIT has increased their long ETH position, with a holding value of $248.65 million, currently showing a floating loss of $10.3 million.
Odaily Planet Daily News reports that, according to Lookonchain monitoring, a suspected whale related to BIT increased its ETH long positions during the market decline. The whale previously realized a profit of $59 million and currently holds 114,160 ETH long positions across four wallets, with a position value of $248.65 million, and an unrealized loss of $10.3 million.