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BIT-Related Address Deposits $5.84 Million to Supplement ETH Long Margin

According to monitoring by Lookonchain, a BIT-related address currently holds a floating loss of $78 million on 120,000 ETH long positions. To avoid liquidation, it has deposited $5.84 million in USDC as margin. The latest liquidation prices for the whale's four addresses are: $1,414.51, $1,366.11, $1,360.73, and $1,309.53.

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