Trader 0xd9A2 has opened a 20x leveraged long position on ETH worth nearly $8 million. The unrealized profit on this position has already exceeded $1 million (+251%).
Details of the position and current results are available at address 0xd9A2, where fund movements and estimated profitability are shown.
A 20x leveraged long position involves the use of borrowed funds and increases the impact of ETH price fluctuations on the trade outcome. The reported profit is unrealized and may change before the position is closed.
