We can't learn the confidence of big players, but watching is always free—6.21 million in unrealized losses. If this position blows up, the liquidation cascade will be enough to fill a pitcher.

CryptoWorld News: The ETH long position associated with the Matrixport linked address (sub-address 2) has expanded its unrealized loss to $6.21 million, with a loss ratio of 203.46%. The position size of this address is $61.08 million, with the current price at $2,036 and a liquidation price of $1,752.77. This address has received multiple fund transfers from Matrixport (now renamed Bit), making it the largest on-chain ETH long position, with two other related addresses collaborating to build the position.