Gate News reports that on March 19, according to Coinbob’s popular address monitoring, last night and this morning, the Matrixport related address “ETH Wave Master” (0xa5b0…) continued to buy in the ETH price retraced to $2,300. The address kept accumulating ETH at prices between $2,239 and $2,300, adding 20,000 ETH long positions, worth approximately $45.4 million. After this operation, its total ETH long position value increased to $153 million, with an average entry price rising from $2,043 to $2,148. The position has an unrealized profit of about $3.5 million, with a 34% return, and a liquidation price set at $1,740. Additionally, it still holds a 20x leveraged BTC long position, valued at around $49.8 million, with an average entry price of $68,420. The current total account position has rebounded to $203 million. This address has received multiple transfers from Matrixport and is now the largest on-chain ETH long position. There is also a suspected related address (0x6C8…) holding nearly $100 million in ETH longs.
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