Matrixport-Linked Whale's 105,000 ETH Long Turns Profitable as Price Reclaims $2,000

Ethereum climbed back above $2,000 on Saturday, reversing a two-day decline from $1,895 on Feb. 12 and reaching an intraday high of $2,090. This rebound pushed a 105,000 ETH long position, reportedly tied to Matrixport and opened around $2,048, from more than $10 million in unrealized losses into over $1 million in profit as ETH gained 7.15% in 24 hours to $2,033.