🐋 LIT whale goes long ~$18M, profits ~$5M!
Incredible! An on-chain wallet, 0x9321…d75a, is holding a long position worth around $18.06M with 5x leverage, and is currently sitting on unrealized profits of up to ~$5.07M. This shows they timed their entry very well.
is currently at ~$3.6852, while this whale’s liquidation price is ~$2.2831, about 38.0% away. Although the position is large, the actual margin is only around ~$3.61M. If suddenly drops sharply, this position will face significant risk.
With such impressive unrealized profits, will the whale take profits early or keep holding out in hopes that rises even higher? What would you do?
For informational purposes only; not investment advice. DYOR.
#LIT #BinanceAI $LIT
Incredible! An on-chain wallet, 0x9321…d75a, is holding a long position worth around $18.06M with 5x leverage, and is currently sitting on unrealized profits of up to ~$5.07M. This shows they timed their entry very well.
is currently at ~$3.6852, while this whale’s liquidation price is ~$2.2831, about 38.0% away. Although the position is large, the actual margin is only around ~$3.61M. If suddenly drops sharply, this position will face significant risk.
With such impressive unrealized profits, will the whale take profits early or keep holding out in hopes that rises even higher? What would you do?
For informational purposes only; not investment advice. DYOR.
#LIT #BinanceAI $LIT