Odaily reported that a trader is currently holding a 10x cross-margin long position in PUMP totaling 1.67 billion tokens, with a notional value of about $9.61 million. The position was opened at $0.005579 and is now showing an unrealized profit of roughly $288,000, with return on equity at about 30.9%.
The account’s equity stands at around $970,000. Of that, about $961,000 is posted as margin for this single position. The reported liquidation price is approximately $0.00208762. The update focuses on the size of the leveraged bet, the trader’s current profit, and the account’s margin structure.
According to Odaily, a trader is currently holding a 10x cross-margin long position in 1.67 billion PUMP, with a notional value of about $9.61 million.
The entry price was $0.005579. The position is now showing a profit of about $288,000, with ROE at roughly 30.9%.
The account’s equity is about $970,000, of which around $961,000 serves as margin for this single position. The liquidation price is about $0.00208762.
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