A whale suspected to be associated with BIT has increased its long position in ETH, currently holding a position worth $248.65 million with an unrealized loss of $10.3 million

According to monitoring by Lookonchain, a whale suspected to be associated with BIT increased its long positions in ETH during the market decline. The whale had previously realized a profit of $59 million and currently holds a long position of 114,160 ETH across 4 wallets, valued at $248.65 million, with an unrealized loss of $10.3 million.