Matrixport-affiliated Whale Takes Profit and Closes 40,000 ETH Position 2 Hours Ago, Profiting $14.8 Million

BlockBeats News, March 17th, according to on-chain analyst Wu Hsin, after ETH saw an 8% increase, a Matrixport-affiliated whale took profit and closed a leveraged long position 4 hours ago, selling 40,000 ETH ($94.44 million) for a $14.8 million profit.

Earlier, the whale opened a $290 million long position on Hyperliquid and has now made a profit of up to $47.92 million: opened a long position for 120,000 ETH near $2,000, now making a $43.2 million profit; opened a long position for 700 BTC at $68,420, now making a $4.72 million profit.

Currently, the whale still holds a long position for 80,000 ETH and 700 BTC.