According to the latest market update, a Matrixport-linked address added 20,000 ETH longs after Ethereum fell to $2,300, lifting its total ETH exposure to $153 million alongside a leveraged Bitcoin position.
A Matrixport-linked address expanded its bullish Ethereum bet by adding 20,000 ETH in long positions worth about $45.4 million after ETH dropped to $2,300. This increased the account’s total ETH long exposure to $153 million, with an average entry price of $2,148 and an unrealized profit of about $3.5 million. The account also holds a 20x leveraged Bitcoin long valued at about $49.8 million, bringing its combined open positions to roughly $203 million. The update adds new size and pricing details to the previously reported reopening of a 40,000 ETH long after the wallet realized a $14.47 million profit on an earlier Ethereum trade.