Lookonchain
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)
Frequently asked questions
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What does the liquidation price of $0.944 indicate for this position?
The liquidation price of $0.944 indicates the threshold at which the leveraged position will be forced to unwind if TON's price falls below this level, suggesting the trader believes TON will remain above this price in the near term.
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How does this whale's position affect the overall market sentiment for TON?
Large leveraged positions like this one are closely watched as they can signal market conviction; the whale's bet on TON may indicate positive sentiment and confidence in the asset's price stability.
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