Nine addresses linked to the entity known as "bit" currently hold $155 million in long positions, including 60,841 ETH and 600 BTC longs, with an unrealized loss of $44.06 million (excluding significant funding fees).
The entity previously accumulated over $67 million in profits from a 120,000 ETH long position between April and August this year. All former trading addresses have been deactivated, and the entity has recently begun using a new batch of addresses to re-enter long positions.
'Bit'-Linked Entity Holds $155M in Longs Across Nine New Addresses Amid $44M Unrealized Loss
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
