The 'Iron-Headed Bulls', a group holding a long position on 120,000 ETH, have added $8 million in margin, according to on-chain analyst Ai Yi. Despite facing unrealized losses exceeding $77.04 million, the group remains distant from liquidation, with liquidation prices set between $1,059.1 and $1,174.6. Their entry level was approximately $2,265. The group still holds over 6 million USDC on-chain, which can be utilized as additional margin to support their position. The entities associated with this position are linked to four addresses, indicating a strategic approach to managing their exposure in the volatile market.