Lookonchain
Two wallets opened 2x long positions on 24.57 million $AGT, valued at $620,000, on Aster DEX. The positions now show $297,000 in unrealized profit, with returns reaching 115%.
Why it matters
The trade highlights how leveraged positions can amplify gains when a token moves in the traders' favor. But unrealized profit is not locked in, and leverage can also magnify losses if prices move against the positions.
Market impact
The reported figures capture two wallets' positions on Aster DEX, not a broader measure of $AGT market demand. Their displayed profit may change with the token's price and the positions' mark-to-market value.
Source: [Aster - The next-gen perp DEX for all traders — Asterdex](https://www.asterdex.com/en/explorer/address/0xF9ddeE32e14ca4B9a9F95B46A23EfCD29B77E81c)
Frequently asked questions
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How much $AGT did the two wallets use for their long positions?
The wallets opened 2x long positions on 24.57 million $AGT, valued at $620,000.
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What unrealized profit do the positions currently show?
The positions show $297,000 in unrealized profit, with returns reaching 115%.
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Where were the $AGT long positions opened?
The two wallets opened the positions on Aster DEX.
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Are the reported $297,000 gains locked in?
No. The profit is unrealized, so its value can change as $AGT moves.
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How can leverage affect these positions?
Leverage can amplify gains when the price moves in the traders' favor, but it can also magnify losses if the price moves against them.
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