Trader buys 3.25 million SYN on Aster DEX with 4x leverage, earns $304K
- —Position: 3.25 million SYN with 4x leverage on Aster DEX
- —Unrealized profit of $304,000, a 207% return
- —The position size is valued at $588,000
- —SYN rose more than 100% in 24 hours
Why it matters: SYN's more than doubling drew in leveraged speculative capital, raising the risk of a sharp correction if the trend reverses.
Source: TokenPost