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Ape2g

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Age 2.2 Year
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#ETH5L can someone explain ?
why is it like this and when is it going to change ?
why is the chart diffrent ?
ETH5L-6.78%
WHY-2.34%
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GodOfWealthBlessMe:
Prepare for the merger
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#ETH5L
it doesnt seems to copy eth price anymore for some reason base eth price 2800 and 1hr chart barely moved i hope gate io team will fix this soon , im sitting duck here with losses and it only goes down 5x and up like 2x max
praying Gate.io will fix this someone , the product is not doing What it is supposed to do .
ETH5L-6.78%
ETH-1.13%
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AnLeone:
Dear, the only difference between leveraged tokens and traditional tokens is that leveraged tokens have leverage attributes and corresponding spot currencies in the platform's spot trading market. Please be aware that the digital money market has greater fluctuation, and three times or five times leveraged ETF products will increase price fluctuation, bringing greater profit and loss risks. Please make sure to understand it in detail and participate cautiously. Due to the existence of regular rebalancing and ad hoc rebalancing, the price fluctuation over a period of time is not always the target leverage multiple. ETF products hedge through perpetual futures market, profit will enter a position, loss will reduce position, and adjust the leverage ratio daily according to the profit and loss to return to the target leverage multiple. In the case of repeated market price fluctuation, there is significant erosion. Due to the rebalancing mechanism and holding costs, leveraged ETFs are not suitable for long-term holding. ETF products have large price fluctuations and high risks, so please be cautious. The profit and loss of ETFs depend on the comparison of the purchase cost and net value.
#ETH5L whats going on with price lol
ETH-1.13%
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ThereAreManyGreetings:
It's too damn bad, can't play anymore
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