Cumulative long position worth $72 million, Bit-affiliated entity that previously profited $55.095 million increases holdings to 29,500 ETH

Odaily News: According to on-chain analyst Ai Yi's monitoring, the Bit-affiliated entity (0x6c9…259a4), which previously profited $55.095 million from long positions, opened an 8,000 ETH long position during the early morning ETH decline at an entry price of $2,440.49. The entity currently holds a cumulative total of 29,500 ETH in long positions, worth $72 million, making it the fifth-largest ETH position on Hyperliquid, with an unrealized loss of $1.042 million.