News
Matrixport-linked whales deposited an additional 5.84 million USDC in margin to prevent ETH long positions from being liquidated.
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On June 5th, Lookonchain reported that a whale account, suspected of being linked to Matrixport, holds 120,000 ETH long contracts with a current floating loss of approximately $78 million. To reduce liquidation risk, the account added 5.84 million USDC as margin, lowering the liquidation prices for multiple positions to approximately $1,414.51, $1,366.11, $1,360.73, and $1,309.53.