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🔥BULLISH

GRAM Trader’s 9x Long Shows $404.8K Paper Profit

The leveraged position gives trader 0xDa44 $3.86 million in GRAM exposure after a $380,000 deposit on Aster.

Trader 0xDa44 deposited $380,000 into Aster and opened a 9x long position on 3.11 million GRAM, valued at $3.86 million. The position was showing an unrealized profit of $404,800, or 94.34%.

Why it matters

The trade gives the account leveraged exposure to GRAM through Aster, a decentralized perpetuals exchange. The reported gain is unrealized, meaning it remains a paper profit while the position is open.

Market impact

Leverage amplifies both gains and losses, leaving the position sensitive to further moves in GRAM. The reported profit is a snapshot, not a realized return.

Source: [Aster - The next-gen perp DEX for all traders — Asterdex](https://www.asterdex.com/en/explorer/address/0xDa443f867F60aaD3A3A6Ec7E9bDBBDdf44E58f00)

Related tokens
$GRAM

Frequently asked questions

  1. How much did 0xDa44 deposit into Aster?

    The trader deposited $380,000 into Aster before opening the leveraged GRAM position.

  2. How large is the trader's GRAM position?

    The long position covers 3.11 million GRAM, valued at $3.86 million.

  3. Has the trader realized the $404,800 profit?

    No. The reported $404,800 gain is unrealized, meaning it remains a paper profit while the position is open.

  4. What leverage did the trader use on the GRAM long?

    The trader opened the GRAM long with 9x leverage, which amplifies both gains and losses.

  5. What kind of venue is Aster?

    Aster is a decentralized perpetuals exchange where the trader opened the leveraged position.

Source attribution
Aggregated from Lookonchain · Verified · Last refreshed 23m ago
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