Nine addresses, $155 million in long positions, with $44.06 million in unrealized losses.
According to on-chain analyst Ai Yi, nine addresses linked to a bit-associated entity hold a total of 60,841.22 ETH in long positions and 600 BTC in long positions, not including substantial funding fees.
· The entity previously went long on 120,000 ETH, earning over $67.05 million from long positions between April and August this year.
· The addresses used for its previous trades have been deactivated. Recently, it started going long again using a batch of new addresses, which can be easy to miss when tracking.
Would you keep an eye on changes in the positions held by these new addresses first, or on the funding fees?
According to on-chain analyst Ai Yi, nine addresses linked to a bit-associated entity hold a total of 60,841.22 ETH in long positions and 600 BTC in long positions, not including substantial funding fees.
· The entity previously went long on 120,000 ETH, earning over $67.05 million from long positions between April and August this year.
· The addresses used for its previous trades have been deactivated. Recently, it started going long again using a batch of new addresses, which can be easy to miss when tracking.
Would you keep an eye on changes in the positions held by these new addresses first, or on the funding fees?
