This Altcoin Surged More Than 110x in Five Months: Leveraged Trader Up 253%!
An investor holding a long position in BTW, which has risen more than 110-fold in the five months since its listing on Aster DEX, has reached $151,000 in unrealized profit.
According to data shared on October 13 by on-chain analytics platform Lookonchain, the price of BTW recorded a surge of more than 110x in the five months following its listing on Aster DEX. Alongside this striking performance, the position of an investor trading the token with leverage was also shared.
4x leveraged long position up 253%
The owner of an address beginning with 0x45bd opened a 4x leveraged long position of 130,578 BTW. At the time of the post, the size of this bullish position was reported to be approximately $238,000.
The open position had $151,000 in unrealized profit, while its return was approximately 253 percent. This figure reflects the return on the investor’s leveraged trade; the token’s more than 110x price performance covers a separate period of five months.