A Bitcoin OG's 5x leveraged long position on Ethereum has an unrealized profit of $7.37 million
According to a report by Jinse Finance, Onchain Lens monitoring shows that an early bitcoin investor (OG) currently has an unrealized profit of $7.37 million on a 5x leveraged long position in ethereum. Although this investor has incurred a loss of $1.3 million on their bitcoin long position, the ethereum position has brought considerable gains. Data indicates that the investor previously sold bitcoin to acquire ethereum.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: Multiple tokens experience a surge followed by a pullback, COS drops over 29%
This week, the cumulative net outflow from US spot Ethereum ETFs reached $500.2 millions.
The United States and Ukraine will hold talks in Switzerland
