Odaily Planet Daily reports, according to Lookonchain monitoring, an address has a 100% win rate with cumulative profits of $9.26 million. After the market decline, the address took a 20x leveraged long position of 12,000 ETH, with a notional value of $29.88 million, and is currently showing an unrealized profit of $626,000.
Address Earns $9.26M in Profit with a 100% Win Rate Using 20x Leverage on 12,000 ETH
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Summary
A crypto address executed a high-risk leveraged trading strategy, earning $9.26 million in profit with a 100% win rate. The address took a long position on 12,000 ETH using 20x leverage, with a notional value of $29.88 million. The current unrealized profit stands at $626,000. The take-profit strategy was effectively implemented amid market volatility.
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