A New Wallet Is Making a High-Conviction Bet on Chip Stocks.
We've spotted a new wallet that just deposited 37,586 USDT into Aster_DEX and immediately opened two leveraged long positions:
50x Long: 666.66 $MU (~$774K)10x Long: 125.99 $SNDK.US (~$266K)
Despite using just $37.6K as initial capital, the trader has already built over $1M in exposure. Even better for the trader, the positions are already sitting on more than $30.5K in unrealized profit.
With 50x leverage on MU, even small price moves can have a huge impact, making this one of the riskier bets we've seen recently.
Here is the address: 0xb84BEBA977D309eC9D44ac45e78817Ca009ef890
We've spotted a new wallet that just deposited 37,586 USDT into Aster_DEX and immediately opened two leveraged long positions:
50x Long: 666.66 $MU (~$774K)10x Long: 125.99 $SNDK.US (~$266K)
Despite using just $37.6K as initial capital, the trader has already built over $1M in exposure. Even better for the trader, the positions are already sitting on more than $30.5K in unrealized profit.
With 50x leverage on MU, even small price moves can have a huge impact, making this one of the riskier bets we've seen recently.
Here is the address: 0xb84BEBA977D309eC9D44ac45e78817Ca009ef890