Whale Address Opens 25x Leveraged Long on 25,000 ETH, Up $2M in Unrealized Gains
A cryptocurrency address linked to Roobet and Stake.com opened a 25x leveraged long position on 25,000 ETH worth approximately $78.63 million at $3,117.96 per ETH, lookonchain reported on November 14. The position has generated $2.25 million in unrealized profit, with a liquidation price of $3,063.08. The address (0x7B7b) shifted from short to long positioning in this trade.