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BIT-related address buys the dip and adds to ETH long positions, with the long position size reaching 120k ETH.
Mars Finance News, on May 18th, according to Lookonchain monitoring, the BIT-related addresses continued to increase their ETH long positions during the market decline. The whale’s 4 addresses currently hold a total of 120,000 ETH (worth $254 million), with an unrealized loss of over $17.5 million. This whale previously built a large ETH long position on the 16th.