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This is really a pretty aggressive bet on $DOGE . Over the past few hours, wallet 0x7945 opened a 10x leveraged long on 19.4M DOGE, currently valued at around $2.11M. The position was opened at an average entry of $0.11335, while #DOGE is now trading closer to $0.10875, leaving the trader sitting on an unrealized loss of roughly $89K so far. With only about $211K in margin backing the trade, the liquidation price is sitting at $0.10236, which isn’t too far away if DOGE keeps weakening.
The account is already down more than $100K over the past week, so this is shaping up to be a pretty high-pressure position very quickly.
Address: 0x7945772aa99d08bf90e91ff1e8e77d3c11c2a7e6