Matrixport-linked whale's 120,000 ETH ($224.5M) long shows $46M+ unrealized loss; $1.78M paid in funding

A whale wallet linked to Matrixport that is long 120,000 ETH (about $224.5 million) is now sitting on an unrealized loss of more than $46 million. The position has also incurred $1.78 million in funding fees. Reported liquidation levels are $1,573.93, $1,515.91, $1,416.52 and $1,355.83.