Lookonchain
A trader using the wallet 0x2016 on perp DEX Aster opened a 20x leveraged short on 1,734.23 NVDA perps, a position worth roughly $315K, and is currently sitting on an unrealized profit of about $52.4K, a 332.79% ROI on margin.
The trade is a clean example of how perp DEXs have blurred the line between crypto venues and traditional markets. On-chain leverage is now routinely applied to US equity exposure like NVIDIA, with no broker or brokerage account involved.
Whether the position holds depends entirely on NVDA's next move. At 20x leverage there is little room for error, since even a modest move against the short would threaten liquidation.
Source: [Aster - The next-gen perp DEX for all traders — Asterdex](https://www.asterdex.com/en/explorer/address/0x201606eaB4602c9D8a74154c6fb3303003C18769)
Frequently asked questions
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What position did trader 0x2016 open on Aster DEX?
A 20x leveraged short on 1,734.23 NVDA perps, a position worth roughly $315K.
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How much profit is the 20x NVDA short currently showing?
About $52.4K in unrealized profit, equal to a 332.79% ROI on the trader's margin.
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How can traders get leveraged NVIDIA exposure on-chain?
Through perpetual futures on a perp DEX like Aster, which offers high leverage and multichain, non-custodial trading without a brokerage account.
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What is the liquidation risk on a 20x leveraged short?
It is high. At 20x leverage, even a relatively small adverse move in NVDA's price can threaten the position's margin.
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Which platform hosts this whale's NVDA short?
Aster DEX, a perpetual futures platform with low fees, deep liquidity, multichain support and non-custodial trading.
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