MAGMA token surged over 70% in a single day on October 22, attracting leveraged traders seeking to capitalize on the rapid price movement. Two addresses opened 2x leveraged long positions through Aster DEX, accumulating a combined 1.5 million MAGMA tokens with a total position value of approximately $775,000. The trades have generated roughly $340,000 in unrealized profits, peaking at a return rate of 105.84%.