On-chain analytics platform Lookonchain said it tracked a trader who deposited $90,000 into decentralized trading platform Aster and then opened a 49 BTC long position using 50x leverage. The position carried a notional value of about $3.95 million, according to the monitoring update. Lookonchain also said the address was sitting on roughly $810,000 in unrealized profit at the time of the post, putting the reported return at about 1,025%. Account equity had climbed to around $966,000. The figures point to a sharply amplified bet on Bitcoin through high leverage, with gains calculated on the address’s open position rather than realized proceeds. No additional details about the trader’s identity or entry timing were disclosed in the source update.
According to on-chain analytics platform Lookonchain, a trader deposited $90,000 into decentralized trading platform Aster and then opened a 49 BTC long position with 50x leverage. The position had a notional value of about $3.95 million.
At the time of the update, the address was showing roughly $810,000 in unrealized profit, for a reported return of about 1,025%. Account equity had increased to around $966,000.
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