The average price of 2,243 is now 1,701, with a liquidation line at 1,170—this leverage really gets the heart pounding.

Coin World News, the ETH long position associated with the Matrixport-linked address (sub-address 2) has seen its unrealized loss narrow: profit and loss improved from -$19,032,744.24 (-788.74%) to -$16,239,744.24 (-636.18%). This address’s average price is $2,243.12, the current coin price is $1,701.80, the liquidation price is $1,170.07, and the position size is $51,054,000.00. The address has received funds transferred from Matrixport (now renamed Bit) multiple times; it is currently the largest on-chain ETH long position, with two other related addresses coordinating to build the position.