#ETH5L ETH is in green, what does L not moving at all mean?

ETH5L8,36%
ETH1,72%
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GoForIt.
· 2025-04-09 07:27
This is 1️⃣Sb
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SmallBerry
· 2025-04-09 07:10
Dear user, hello. The threefold or fivefold leveraged ETF products will increase price fluctuations, bringing greater profit and loss risks. Please make sure to understand in detail and participate cautiously. Due to the existence of scheduled and temporary adjustments, the rise and fall over a period of time do not always correspond to the target leverage multiple. ETF products hedge through the perpetual futures market; profits will enter a position, and losses will reduce position, adjusting the leverage ratio daily based on profits and losses to return to the target leverage multiple, which causes significant wear and tear in the case of repeated fluctuations in market prices. Due to the adjustment mechanism and holding costs, leveraged ETFs are not suitable for long-term holding. The rise and fall range of ETF products is large, and the risks are high, so please participate cautiously. For specific information, you can refer to https://www.gate.io/zh/help/trade/leverage_tokens. If you have any questions, you can consult our customer service via the chat window.
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