According to Lookonchain monitoring, a Matrixport-associated whale has closed 40,000 ETH long positions, worth approximately $100.5 million, realizing a profit of $9.9 million. The whale currently still holds 80,000 ETH and 500 BTC long positions, valued at about $201 million and $39 million, respectively. Unrealized profits in total are approximately $22.9 million. The whale’s overall position had previously been down as much as $92.5 million at one point, and it currently has cumulative gains of $32.8 million.
