Two Matrixport-Linked Wallets Buy 24,000 ETH With 20x Leverage
Photo: TokenPost
Two wallets linked to Matrixport bought a combined 24,000 Ether (ETH) on Oct. 13, establishing a leveraged long position valued at about $60.29 million. Each wallet added 12,000 ETH. Their average entry prices were approximately $2,420 and $2,422, respectively. Both positions use 20x cross-margin leverage. With ETH trading near $2,512, the combined holdings showed an unrealized profit of roughly $2.19 million, or about 3.8% above the wallets’ average entry prices. The purchases give the two addresses a combined exposure of 24,000 ETH, making the trades a notable on-chain positioning event for the market.
Source: TokenPost
