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TechFlow news: On June 5, according to on-chain analyst Onchain Lens (@OnchainLens), as ETH’s price fell below $1,700, the BIT-affiliated whale currently holds 120,000 ETH in long positions with 15–20x leverage. Its unrealized losses have exceeded $69 million, and it has cumulatively paid $1.86 million in funding fees—yet it has not yet closed its position.
According to on-chain analyst Onchain Lens (@OnchainLens), as the ETH price fell below $1,700, BIT-affiliated whales currently hold 15–20x long positions on 120,000 ETH, resulting in unrealized losses exceeding $69 million and accumulated funding payments of $1.86 million; these positions remain open.
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