Whale Entity Increases ETH Long Position to 29,500 Tokens on Hyperliquid

According to on-chain analyst Ai Auntie, a BIT-associated entity (0x6c9…259a4) that previously realized a profit of $55.095 million from long positions has increased its holdings. During the recent ETH price dip, the entity opened a new long position of 8,000 ETH at an average price of $2,440.49. The entity now holds a total of 29,500 ETH in long positions, valued at $72 million, making it the fifth-largest ETH position on Hyperliquid. The position currently faces a floating loss of $1.042 million.