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GammaRunner

This position is still holding a 661% unrealized loss. Is Matrixport truly resilient or does it have other motives?

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CoinNetwork
CoinWorld News: The ETH long position associated with Matrixport address (sub-address 2) has an unrealized loss of $16,722,744.24, with an unrealized loss ratio of 661.36%. The average entry price for this address is $2,243.12, the current price is $1,685.70, the liquidation price is $1,174.75, and the position size is $50,571,000.00. 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.
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