High-leverage long positions held through Matrixport-related addresses currently show unrealized profits exceeding $23.5 million.

This article is machine translated
Show original

On March 17th, according to Onchain Lens monitoring, with the market recovery, the unrealized profits of highly leveraged long positions held by an address tagged as Matrixport have significantly increased. This address holds long positions in BTC (20x leverage) and ETH (15x leverage), and the total unrealized profit currently exceeds $23.5 million, with an additional $15.5 million in profit generated in the past period alone. Specific holdings:

ETH: Holding 70,000.7 ETH (approximately $159.5 million), with a paper profit of $20.09 million.

BTC: Holding 700 coins (approximately $51.3 million), with a floating profit of $3.4 million.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments