Whale Address Linked to Matrixport Closes 40,000 ETH Long for $14.47M Profit, Reopens Identical Position

A whale address reportedly tied to Matrixport closed a 40,000 ETH long position on [date] at an average price of $2,354.08, locking in roughly $14.47 million in profit, onchain data show. The position was valued at approximately $94.16 million at closing. The same address then opened a new 40,000 ETH long position worth about $90.66 million at an average entry of $2,266.59, according to ChainCatcher citing onchain analytics platforms.