Matrixport Whale: Adds to $248M ETH Longs | Flash News Detail | Blockchain.News
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5/16/2026 2:41:00 PM

Matrixport Whale: Adds to $248M ETH Longs

Matrixport Whale: Adds to $248M ETH Longs

Matrixport-linked whale holds 114,160 ETH ($248.65M) in longs with $10.3M unrealized losses after prior $59M profit.

Source

Analysis

Matrixport-linked whale keeps scaling ETH longs through the drop, now controlling 114,160 ETH worth $248.65M across four wallets while sitting on $10.3M unrealized losses after banking $59M earlier.

Four-hour chart shows ETH at $2179.71 pressing the lower Bollinger Band at $2173.55 with RSI(14) at 29.85 in oversold territory; the MACD death cross at -27.99 and EMA50/EMA200 resistance cluster at $2275.87 and $2271.12 keep any relief rally capped until price reclaims the band midline.


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