Entity Previously Gained $55 Million in Profit Goes Long Again, Holding a Total of 29,500 ETH

BlockBeats News, August 29th, according to Ai Yee monitoring, the Bit-related entity that had previously profited $55.095 million through an ETH long position has once again increased its position.

Their new associated address 0x6c9…259a4 opened a long position for 8,000 ETH during this morning's ETH price drop, with an average entry price of approximately $2,440.49.

Currently, the entity's total ETH long position has increased to 29,500 ETH, worth around $72 million, shifting from unrealized gains to unrealized losses of about $1.042 million during the previous gains, now ranking as the fifth-largest ETH position on Hyperliquid.