Digital Financial Services Group BIT heavily invested in ETH last night, making a profit of $2 million during the half-day bounceback.

BlockBeats News, April 29th, according to Hyperinsight Monitoring, on-chain data shows that the largest ETH long position whale, known as the "BIT Whale," opened a 15x leveraged ETH long position through a sub-address (0xa5b) last night, with an average entry price of approximately $2,269, totaling $81 million.

From this morning to noon, the ETH price continued to rise. The bullish expectations from last night have been realized. As of the time of writing, the floating profit of this address has reached $2 million, with a return rate of 36%. At the same time, the whale's other two associated addresses also saw a significant rebound in profits, with a total daily profit increase of $3.1 million across the three addresses.

It is reported that this address is owned by the digital financial service group BIT and has repeatedly received fund transfers from its ownership. Previously, it had taken long positions on ETH in the scale of hundreds of millions, with profits exceeding $50 million.

Address: 0xa5b0edf6b55128e0ddae8e51ac538c3188401d41