A BIT-linked entity that previously realized $55.095 million in profit on an earlier long position has opened a new Ether long, according to on-chain monitoring by analyst Ai Yi. A new address received 10 million USDC in margin yesterday and opened a 6,000 ETH long position at $2,492 about two minutes before the report, valued at roughly $14.98 million.
The position appears to be an initial entry, with signs the entity may be preparing to build a second round of ETH longs.
BIT-Linked Entity Opens New $15 Million ETH Long Position
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