A prominent Ethereum swing trader, linked to Matrixport, has significantly increased its long positions, adding $45.4 million worth of ETH after prices dipped to $2,300. The trader, known as "ETH Swing Master" (0xa5b0…), expanded its holdings by 20,000 ETH, raising the total value of its long positions to $153 million. The average entry price for these positions is now $2,148, with an unrealized profit of $3.5 million and a liquidation price set at $1,740. In addition to its ETH holdings, the trader maintains a 20x leveraged Bitcoin long position valued at $49.8 million, with an entry price of $68,420. The total position size of the account has rebounded to $203 million. This address is currently the largest on-chain ETH long position and frequently engages in high-volume swing trades, often exceeding $100 million.