Matrixport Reports Over $23.5M in Unrealized Profits from Leveraged BTC and ETH Positions

Chainthink

Release Time: 03/16/2026 16:21:13

Summary

On March 17, 2026, Onchain Lens monitoring detected a Matrixport-associated address with substantial unrealized profits from leveraged BTC and ETH positions. The address holds 700 BTC (20x leverage) and 70,000.7 ETH (15x leverage), with total unrealized gains exceeding $23.5 million, including $15.5 million in recent take-profit executions. The ETH position is valued at $159.5 million with $20.09 million in profit, while the BTC position is valued at $51.3 million with $3.4 million in profit. Traders are now monitoring key support and resistance levels for potential price movements.

ChainThink reports that on March 17, according to Onchain Lens monitoring, as the market rebounds, the unrealized profits of highly leveraged long positions held by an address tagged as Matrixport have significantly increased. This address holds long positions in BTC (20x leverage) and ETH (15x leverage), with total unrealized profits now exceeding $23.5 million, including $15.5 million in new profits accumulated over the recent period. Current holdings:

ETH: Holding 70,000.7 ETH (approximately $159.5 million), unrealized profit of $20.09 million.

BTC: Holding 700 coins (approximately $51.3 million), unrealized profit of $3.4 million.

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