Addresses suspected to be linked to Matrixport hold about $197 million in BTC and ETH long positions, with a current unrealized profit of around $5 million.
According to Odaily, as monitored by The Data Nerd, one address (possibly related to Matrixport) established two long positions in BTC and ETH last month, with a total value of approximately 197 million US dollars.
This address currently has an unrealized profit of about 5 million US dollars.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Jim Cramer Waits for Capitulation as AI Funding Worries Hit Tech Stocks

Euro: Upside bias toward 1.1250 against US Dollar – UOB

Australian Dollar regains ground as Democrats eye victory in both Houses

AI infrastructure demand surges, Arista’s revenue growth sets ten-year record since listing, shares soar 10% after hours
Arista Networks has delivered its most impressive quarterly report since its IPO ten years ago: third-quarter revenue surged 58.5% year-on-year to $3.66 billion, marking the fastest annual growth since its IPO in 2014. This signifies that AI-driven demand for network infrastructure has entered an accelerated release phase. Additionally, fourth-quarter guidance is set at a midpoint of $3.95 billion, surpassing analysts’ previous expectations of $3.6 billion.

