Lookonchain
Five wallets deposited USD1 into Aster DEX and opened 5x leveraged longs on a combined 16,287 SPCXUSD1, valued at $2.63 million. The positions are sitting on $223,000 in unrealized profit.
Why it matters
The trades show concentrated leveraged exposure to SPCX on Aster. Five wallets account for the positions described, so the activity does not by itself establish broad-based demand.
Market impact
The $223,000 profit is unrealized, and the positions remain exposed to price moves. Whether the wallets hold or close their longs will determine if those gains are realized.
Source: [Aster - The next-gen perp DEX for all traders — Asterdex](https://www.asterdex.com/en/explorer/address/0x0c55bfc48cF9AF2b4EC653C14E62b939A16E0e88)
Frequently asked questions
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How many wallets opened the SPCX longs on Aster DEX?
Five wallets deposited USD1 into Aster DEX and opened the leveraged longs.
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What size are the combined SPCX positions?
The positions total 16,287 SPCXUSD1 and are valued at $2.63 million.
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What leverage did the wallets use?
The five wallets opened 5x leveraged long positions.
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How much unrealized profit are the positions showing?
The positions are sitting on $223,000 in unrealized profit, which has not been locked in.
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Does the activity show broad demand for SPCX?
The reported positions are concentrated across five wallets, so they do not by themselves establish broad-based demand.
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