A dormant address (0x89da) has reactivated after 7 months, opening a 25x leveraged long position on ETH with 18,587 ETH worth approximately $44.85 million, according to Lookonchain.
BlockBeats reported on September 2 that Lookonchain detected address 0x89da resuming perpetual contract trading after roughly 7 months of inactivity. The trader opened a 25x leveraged long position on ETH, with a position size of 18,587 ETH and a notional value of about $44.85 million.
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