BREAKING
62d 14h ago
Ethereum Trader Opens 10x Leveraged Long on $67M ETH, Unrealized Gains Reach $578K in 20 Minutes
ETH
ETH/USDT
$2,127.12
+4.51%
$2,127.12
+4.51%
(24s)24h Volume
$39,049,302,904.94
24h H/L
$2,145.26 / $2,009.54
Change: $135.72 (6.75%)
Long/Short
69.8%
Long: 69.8%Short: 30.2%
Funding Rate
-0.0018%
Shorts pay
Data provided by COINOTAG DATALive data
COINOTAG News, on December 10, cites LookIntoChain data indicating a trader opened a long ETH position using 10x leverage on a $67 million notional within a 20-minute window.
The trade’s unrealized gains stand at over $578,000, highlighting the rapid P/L dynamics associated with highly leveraged ETH exposure.
Analysts note that such activity underscores the risk management and liquidity considerations inherent in ETH derivatives and broader crypto markets, rather than signaling a directional forecast.
These figures stem from telemetry provided by LookIntoChain and should be treated as market data, not investment advice.
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