Data: BIT associated whale ETH long position floating loss of 33.86 million USD, which has newly opened 500 BTC long positions

2026-05-28 14:27:53

According to monitoring by Lookonchain, a BIT-associated whale holding a long position of 120,000 ETH (worth $237 million) is currently facing an unrealized loss of $33.86 million.

It has just created a new account, deposited 5 million USDC, and opened a long position of 500 BTC (worth $36.5 million) with 20x leverage.