BIT-affiliated entities have accumulated $155 million in BTC and ETH long positions, with current unrealized losses of $44.06 million.

BlockBeats news, November 14, according to monitoring by Aunt Ai, the "Iron-headed Bulls" (BIT-related entity) that previously went heavily long on 120,000 ETH has recently activated a batch of new addresses to re-establish long positions. Currently, 9 addresses cumulatively hold long orders worth approximately $155 million, including 60,841.22 ETH and 600 BTC, with current unrealized losses of about $44.06 million, not yet including substantial funding fee expenses.

It is reported that all operational addresses previously used by this entity have been deactivated. Between April and August of this year, it accumulated profits exceeding $67.05 million through going long on ETH. The re-activation of new addresses to establish large-scale long positions means that some of the previously accumulated profits may be facing pressure to give back.