Lookonchain said a BIT-linked address has closed a 40,000 ETH long position with a notional value of $100.5 million and a profit of $9.9 million. The address still holds long positions in 80,000 ETH, worth $201 million, and 500 BTC, worth $39 million. Those positions are showing an unrealized gain of $22.9 million. Lookonchain also said the address had previously been down $92.5 million and is now up $32.8 million overall.
Lookonchain said a BIT-linked address has closed a 40,000 ETH long position with a notional value of $100.5 million, locking in a $9.9 million profit.
The address still holds long positions in 80,000 ETH, valued at $201 million, and 500 BTC, valued at $39 million. Those positions are showing an unrealized gain of $22.9 million.
Lookonchain said the address had previously been sitting on a $92.5 million unrealized loss and is now up $32.8 million in realized profit.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
