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TechFlow News, May 28: According to on-chain analytics platform Lookonchain (@lookonchain), a whale associated with Matrixport currently holds a long position of 120,000 ETH, valued at approximately $237 million, with unrealized losses now totaling $33.86 million. Subsequently, the whale created a new account, deposited 5 million USDC, and opened a 20x long position on 500 BTC, valued at approximately $36.5 million.
According to on-chain analytics platform Lookonchain (@lookonchain), a whale associated with Matrixport currently holds a long position of 120,000 ETH, with a position value of approximately $237 million; its unrealized loss has now widened to $33.86 million. Subsequently, this whale created a new account and deposited 5 million USDC to open a 20x long position on 500 BTC, with a position value of approximately $36.5 million.
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