Data: BIT related giant whales holding 120,000 ETH long positions have incurred a floating loss of over 69 million USD
According to Onchain Lens monitoring, as the ETH price fell below $1,700, the BIT-associated whale holding 120,000 ETH (15 to 20 times) long positions is currently facing an unrealized loss of over $69 million and has paid $1.86 million in funding rates.
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