BIT-linked whale contrarianly increases ETH long positions, current holdings close to $249 million

According to Lookonchain monitoring on May 16, despite the market downturn, a whale previously profiting around $59 million from BIT is still continuously increasing its ETH long positions. Currently, this whale holds a total of 114,160 ETH long positions across 4 wallets, with a position value of approximately $248.65 million and a current unrealized loss of about $10.3 million.