Trader 0x12C2 opened a 50x leveraged long position on 50 BTC worth $3.99 million on Aster DEX and is currently sitting on an unrealized profit of $658,000. The position represents an 825% return based on the figures provided.
The trade highlights continued appetite for high-leverage Bitcoin exposure on decentralized derivatives platforms.
Trader 0x12C2’s 50x Bitcoin Long Shows $658K Unrealized Gain
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