New Wallet Records $818K Unrealized Gain on $18.8M 20x Leveraged Solana Long Position

A newly created cryptocurrency wallet, identified as 0xe069, has recorded an unrealized profit of approximately $818,000 less than 24 hours after opening a 20x-leveraged long position on 230,583 SOL, valued at about $18.81 million.

The gain came as SOL climbed to $81.59, up from the wallet's entry price of $78.04. Based on the disclosed trade details, the position has a liquidation price of $67.14.

Source: Lookonchain