BIT Whale Associated with Longing 120,000 ETH Currently Faces a Unrealized Loss of Over $84 Million

BlockBeats News, June 6th, according to HyperInsight monitoring, as ETH fell below $1600, the BIT (formerly Matrixport) affiliated whale's holding of 120,000 ETH (leveraged 15-20 times) long position is currently facing a liquidation loss of over $84 million and has already paid $1.85 million in funding fees.