Addresses linked to crypto options trading platform BIT, formerly Matrixport, have expanded an Ether long on Hyperliquid to 29,500 ETH, valued at about $72 million. On-chain analyst Ai Yi reported that the cluster, tied to address 0x6c9…259a4, added 8,000 ETH at an average entry of $2,440.49 during an early-morning ETH decline. The combined stake ranks fifth on Hyperliquid by overall position size and carries a floating loss of $1.042 million. The buildup follows an earlier accumulation in which a BIT-linked entity that previously realized $55.095 million in profit on earlier longs used $26.88 million in margin across three new addresses to build a 20,000 ETH long valued at $49.98 million at an average entry of $2,485, then ranked as Hyperliquid's seventh-largest ETH position. Related addresses from that phase included 0xa9de...e049, 0x0c5d...6b3, and 0xd9e7...4Ff.