New Wallet Earns $662K Profit in SYN Trade Within 48 Hours

A newly created wallet (0x2A32) has taken a leveraged 2x-long position on 3.46 million Synapse, valued at roughly $1.69 million, on Aster DEX.

Soon after the trade was placed, the position moved into profit as the market began to rally. Within less than 48 hours, unrealized gains have risen to around $662,000.

This momentum aligns with a sharp surge in SYN, which has climbed 265% over the past week and is currently trading near $0.4005.

Source: Lookonchain