ChainCatcher report, according to Lookonchain monitoring, a trader (0x89d...e43) took a 25x leveraged long position of 18,587 ETH after being inactive for seven months, with a position value of $44.85 million.
Trader opens a 25x leveraged ETH position worth $44.85M
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Summary
A trader (0x89d...e43) has opened a 25x leveraged long position of 18,587 ETH, worth $44.85 million, according to Lookonchain. This is the trader’s first trading activity in seven months. The move underscores careful position sizing, as the account has been inactive since early 2024. ChainCatcher reported this development.
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