BlockBeats News, March 17th, according to Hyperinsight monitoring, the Matrixport affiliated address “ETH Whale Master” (0xa5b0…) continued to add long positions in the price range of 2300 to 2302 US dollars after the ETH price fell to around 2300 US dollars, successively rolling over and increasing its long position by 6,000 ETH contracts, worth about 12.06 million US dollars.
After this operation, the total value of its ETH long position rose to 82.95 million US dollars, and the average position price rose from 1991 US dollars to 2043 US dollars. The current ETH price is 2304 US dollars, and the floating profit of this position is about 9.4 million US dollars, with a return rate of 169%, and the liquidation price is set at 1138 US dollars.
This address has received funds from Matrixport many times and is now the largest on-chain ETH bull. There is another suspected affiliated address (0x6C8…) holding nearly a billion dollars in ETH long positions. They often use a trading style with a volume of over a billion dollars for swing trading and scalping.
