BIT affiliated whale sells 20000 ETH, profits $104 million

According to Hyperinsight monitoring, the largest on chain ETH long "BIT associated whale" sold a total of 20000 ETH last night and this morning, which is about $463 million, with a closing price of about $231 million and a profit of about $104 million. At present, the address still holds a long position of 20000 ETH, with a scale of approximately $461 million and an average price of $2287. The floating profit has shrunk to $400000 (17%). This address has received multiple fund transfers from the digital financial services group BIT, with addresses 0x6c85... fd84f6.