The address opened a 90,296-SPCX leveraged long worth $18.43 million at $186.06 and was up within 14 hours, according to on-chain analyst Ai姨.
Wallet 0x3e7…f1589 built a 10x leveraged long position in 90,296 SPCX last night at 8 p.m., with the position valued at $18.43 million and an entry price of $186.06. Within 14 hours, the trade showed an unrealized profit of $1.63 million, according to monitoring by on-chain analyst Ai姨. Leveraged longs amplify exposure by using borrowed funds, allowing traders to magnify gains as well as losses from price moves in the underlying asset.