On-chain data shows wallet 0xee25 opened a 3x leveraged long position on 1.97 million TON — worth approximately $5.39 million — within the past five hours. The liquidation price sits at $0.944, giving the position meaningful room before forced unwinding becomes a risk at current market levels.
Large leveraged longs of this size from tracked whale wallets are closely watched as directional signals: the position implies conviction that TON holds well above the liquidation threshold in the near term. A 3x multiplier on a $5.39M notional bet is a substantial commitment, and the choice of TON specifically adds to the ecosystem's on-chain narrative at a time when the network continues to attract institutional-grade attention.
Source: [HypurrScan Beta](https://hypurrscan.io/address/0xee2549522a965522877497578d6f135084f2994a#perps)
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