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Wallet Opens 5x Long Position Covering 28.88 Million W Tokens Valued at $643,000

W rose 25% that day. The wallet previously held a 3x long position covering 24.42 million STRK tokens with $1.05 million in unrealized profit.

Faceted token beside a mechanical leverage dial and hardware wallet / TokenPost.ai
Faceted token beside a mechanical leverage dial and hardware wallet / TokenPost.ai

A crypto wallet opened a five-times leveraged long position covering 28.88 million W tokens, with a position value of $643,000, as W rose 25% that day.

The position was opened six hours before the update at 9:56 p.m. ET Sunday (01:56 UTC Monday).

The wallet previously used three-times leverage to hold a long position covering 24.42 million STRK tokens. That position showed $1.05 million in unrealized profit.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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