Matrixport's BTC and ETH long positions have generated over $23.5 million in floating profits.

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As the crypto market rebounds, Matrixport’s long-term crypto strategy has paid off, with its entity address holding 20x leveraged BTC long positions and 15x leveraged ETH long positions generating over $23.5 million in floating profits. The ETH long position is approximately 70,000 ETH, yielding a floating profit of $200.9 million, while the BTC position of around 700 BTC has generated $34 million in gains.

ChainCatcher report, according to Onchain Lens monitoring, as the crypto market rebounds, Matrixport’s entity address has realized over $23.5 million in unrealized profits on its 20x leveraged BTC long positions and 15x leveraged ETH long positions. The ETH long position amounts to approximately 70,000 ETH, with unrealized profits of $200.9 million, while the BTC long position totals around 700 BTC, with unrealized profits of $34 million.

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