Matrixport-Linked Entity Closes 25,000 ETH 20x Long Position After 65 Days, Realizes $17.32M Profit

Gate News message, April 16 — According to on-chain analyst Onchain Lens, a Matrixport-linked entity has fully closed its final 25,000 ETH 20x leveraged long position, realizing a profit of $17.32 million after holding for approximately 65 days.

The same Matrixport entity's three wallets previously closed positions in 1,150 BTC and 95,000 ETH, generating $48.19 million in realized profits. Before closing the final ETH position, the whale still held 25,000 ETH in a 20x long position with unrealized gains of $8.1 million.