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2h 5m ago
MON Whale Goes Long on 171.68 Million MON with 3x Leverage, $5.6M Position and $654K Unrealized P&L
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COINOTAG News, November 25 — according to LookIntoChain monitoring, a crypto whale has built a large long position in MON tokens, acquiring 171.68 million MON with 3x leverage over a 12-hour period, totaling roughly $5.6 million in notional exposure.
Current on-chain data shows an unrealized P&L of about $654,000, signaling mark-to-market risk within leveraged MON trades. Traders and analysts should monitor correlated on-chain signals and exchange flow to assess liquidity dynamics, while maintaining robust risk controls around mid-cap crypto assets.
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