On-chain data tracking shows that recently, the address 0x10a3 has significantly increased leverage in the derivatives market, using 10x leverage to simultaneously position in two popular projects. According to the latest monitoring, this address has established a total position size of over $12 million.
Dual-Currency High-Leverage Positioning
In this operation, the address’s FARTCOIN position reached 19.75 million tokens. Based on the current market price of $0.32, this portion of the position is valued at nearly $6.5 million. It also holds 2 billion PUMP tokens, forming a diversified leveraged portfolio.
Warning Signs of Increasing Losses
As of the data update, the overall floating loss of the position has reached $84,000. Under the amplification effect of 10x leverage, seemingly moderate price fluctuations can cause significant impacts on the position. From a technical perspective, both tokens are currently in a price adjustment phase, putting considerable pressure on high-leverage holders.
Market Insights
This large leveraged operation once again reminds market participants that while high leverage can amplify returns, it also proportionally increases risk exposure. In the highly volatile crypto environment, even well-funded whale addresses must face tangible losses under aggressive leverage strategies.
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0x10a3 giant whale leverages to add positions in FARTCOIN and PUMP, facing downside risk with over one million USD in holdings
On-chain data tracking shows that recently, the address 0x10a3 has significantly increased leverage in the derivatives market, using 10x leverage to simultaneously position in two popular projects. According to the latest monitoring, this address has established a total position size of over $12 million.
Dual-Currency High-Leverage Positioning
In this operation, the address’s FARTCOIN position reached 19.75 million tokens. Based on the current market price of $0.32, this portion of the position is valued at nearly $6.5 million. It also holds 2 billion PUMP tokens, forming a diversified leveraged portfolio.
Warning Signs of Increasing Losses
As of the data update, the overall floating loss of the position has reached $84,000. Under the amplification effect of 10x leverage, seemingly moderate price fluctuations can cause significant impacts on the position. From a technical perspective, both tokens are currently in a price adjustment phase, putting considerable pressure on high-leverage holders.
Market Insights
This large leveraged operation once again reminds market participants that while high leverage can amplify returns, it also proportionally increases risk exposure. In the highly volatile crypto environment, even well-funded whale addresses must face tangible losses under aggressive leverage strategies.