Ethereum
Matrixport-linked whale deposits $10M USDC, opens $17.44M ETH long at 20x leverage
Crypto Briefing·August 28, 2026·1 min read
A whale linked to Matrixport deposited $10M USDC and opened a $17.44M ETH long position at 20x leverage. Such high-leverage trades by institutional players can significantly impact market dynamics, influencing both volatility and retail trader strategies. The move highlights growing institutional activity in crypto derivatives.
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