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Address Opens $2.22 Million SOXL Long After Two Liquidations

Address Opens $2.22 Million SOXL Long After Two Liquidations

Photo: TokenPost

A crypto address opened a $2.22 million long position in the Direxion Daily Semiconductor Bull 3X ETF (SOXL) after two liquidations produced combined losses of $586,000. The new position was opened two minutes after the second liquidation. It had not been liquidated as of 9:02 p.m. ET Thursday (01:02 UTC Friday). SOXL is a triple-leveraged semiconductor ETF. Earlier Thursday, the address opened a $5.42 million SOXL long at 11 a.m. ET (15:00 UTC). It was liquidated in less than a minute, with a loss of $316,000. At 1 p.m.

Source: TokenPost

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