Bit Entity: Holds $323M ETH BTC Long Positions

Bit-linked entities across 10 addresses now hold $323 million in ETH and BTC long positions, generating $41.95 million in floating profits while one wallet closed 40,000 ETH at $2513 for a $9.897 million realized gain.

The group maintains 65,977.9684 ETH longs valued at $165 million and 2,000 BTC longs at $158 million, with additional profit-taking history from address 0x6c8…d84f6. Fresh accumulation has resumed through hyperbot.network trader 0xa5b0edf6b55128e0ddae8e51ac538c3188401d41, pushing three addresses to 59,000 ETH longs showing $8.73 million in open gains.

Price action at $2513.11 tests the upper Bollinger Band resistance of $2524.51 while RSI(14) sits at 71.9 in overbought territory and MACD registers a bearish death cross; a measured retracement toward the EMA50 support at $2259.36 appears probable before any continuation higher, consistent with prior whale behavior around these levels.