BIT-Linked Entity Increases ETH Long Position to 33,000 ETH

According to on-chain analyst Ai Yi, a BIT-linked entity has increased its long position in ETH to 33,000 tokens, currently valued at $79.3 million. This position ranks as the fifth-largest on Hyperliquid. Despite a previous profit of $55.09 million, the entity is currently facing a floating loss of $2.48 million, though it remains well above its liquidation price.