On-Chain Large Position Building On March 19, what appears to be the same entity spent approximately $112 million to purchase over 50,000 ETH. This address had shown no significant activity for about a year prior—breaking the selling pattern, which the market interpreted as major capital repositioning. During the same period, a Matrixport-affiliated address also added 20,000 ETH long positions, bringing total holdings to approximately $203 million.
On-Chain Large Position Building On March 19, what appears to be the same entity spent approximately $112 million to purchase over 50,000 ETH. This address had shown no significant activity for about a year prior—breaking the selling pattern, which the market interpreted as major capital repositioning. During the same period, a Matrixport-affiliated address also added 20,000 ETH long positions, bringing total holdings to approximately $203 million.