This trader is going full risk-on again… heavy leverage across the board😫.

Wallet 0x9657 is currently running 3 high-leverage long positions, all sitting under pressure right now:👇
He opened a 50x long on #SP500 , holding 1,235.88 contracts with a position value of about $8.09M. Entry is around $6,629.39, while the current price is near $6,525.48, putting him at a loss of roughly -$100,229 (-2.08%). Margin backing this trade is about $108.8K, so it’s extremely leveraged with limited room.
On #BTC , he’s running a 35x long, holding 106.30 $BTC worth about $7.49M. Entry is $70,611.9, current price around $70,500, with a loss of about -$11,896 (-5.56%). Margin here is around $214K, again tight for the size.
And on $ETH , he has a 25x long, holding 2,346 #ETH valued at $5.02M. Entry is $2,141.03, current price around $2,140.7, with a smaller loss of about -$779 (-0.39%). Margin sits near $200.9K.
Overall, the account is: 100% long exposure (~$20.6M total) and Unrealized PnL: -$112.9K, ROE: -95.13%
OUR POINT OF VIEW: If the market doesn’t bounce soon, this setup could get very dangerous very quickly.
anyways here is his address : 0x9657aa2cd45f2cfe77bef47f026bd835edcd165c