Add as a preferred source on GoogleTrader Opens $29.88 Million Leveraged Ether Long After Market Drop
The position covers 12,000 ETH and carries 20 times leverage. It was showing about $626,000 in unrealized profit after the market decline.
A crypto wallet opened a 20-times leveraged long position covering 12,000 Ether (ETH) after the market fell, creating an exposure of about $29.88 million and signaling a bullish bet on the asset.
The position was showing approximately $626,000 in unrealized profit. That figure represents gains on paper while the trade remains open and can change with ETH’s market price.
The wallet’s tracked record showed a 100% win rate and cumulative profit of about $9.26 million before the latest position. The trade adds a sizable leveraged position to the wallet’s market activity as Ether prices remain volatile.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.