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Crypto Address Opens $14.3 Million 20x GOOGL Long Position

The position had a $283.01 average entry price and a $154,000 unrealized gain.

A steel lever balances a glass block against a brass weight / TokenPost.ai
A steel lever balances a glass block against a brass weight / TokenPost.ai

A crypto address opened a 20x leveraged long position tied to Google (GOOGL) on Oct. 29, valued at $14.3 million.

The address, displayed as 0xab9…219e6, held 50,000 GOOGL units at an average entry price of $283.01. The position showed an unrealized gain of $154,000.

The address had closed a long position in Micron Technology (MU) about 19 hours before opening the GOOGL trade, booking $1.637 million in profit. Its total account profit exceeded $2.03 million.

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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