Matrixport whale rides $59M profit into a bigger $ETH long — 63,000 ETH now on the line.

A whale linked to Matrixport, already sitting on $59 million in realised profit, has expanded its Ethereum long position across three wallets. The combined exposure now stands at 63,000 ETH — worth roughly $143.5 million at current prices.

The decision to add rather than take profit signals strong conviction in further upside. Spreading the position across three wallets suggests deliberate risk management, not a casual bet. When a trader with a nine-figure track record doubles down, it tends to attract attention from other large players watching the same on-chain data.