
Large wallet opens $28.88M 5x long on Wormhole after profitable STRK trade
- —Wallet 0x2f59 reportedly earned over $1M in a day on a STRK long
- —It opened a 5x long on Wormhole with a notional size of $28.88M
- —The position was opened six hours before the Lookonchain report
- —The $28.88M figure is notional, not the collateral posted
Why it matters: A single wallet's position size says little about W's price direction, but points to elevated risk appetite in altcoins.
Source: TokenPost