The average price at 2,243 has held up until now— with the floating loss nearly eight times as much and still no liquidation— is this position management faith, or a gamble with your life?

Crypto World News reports that the ETH long position associated with Matrixport's address (sub-address 2) has an unrealized loss of $19,068,744.24, with a loss ratio of 790.82%. The average entry price for this address is $2,243.12, the current price is $1,607.50, the liquidation price is $1,360.73, and the position size is $48,225,000.00. 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.