Ether Long Position Held by 「麻吉大哥」黄立成 Valued at $11.43 Million
Photo: TokenPost
On Nov. 2, a 5,000 Ether (ETH) long position held by 「麻吉大哥」黄立成 was valued at about $11.43 million, with roughly $110,000 in unrealized profit. The position uses 25 times leverage, meaning its exposure is 25 times the margin committed. Leverage can magnify the effect of price changes in either direction. The $110,000 is a paper gain on an open position, not profit realized by closing the trade. It amounts to just under 1% of the position's stated value. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
