Trader opens $67.88M long on Solana with 20x leverage
- —Position: 550,087 SOL worth $67.88M at 20x leverage
- —Unrealized profit already exceeds $23M
- —A move to $200 would net the trader over $65M
Why it matters: The oversized leveraged bet signals rising trader confidence in Solana, though 20x leverage raises the risk of cascading liquidations.
Source: Coinfomania