🚨 A trader closes their leveraged position in the Nasdaq 100 with a loss
Exciting news today from the trading world!
One of the prominent traders has closed their leveraged position on the Nasdaq 100 with a leverage of 10x.
📉 Important details:
Position size: 21.1 million dollars
Average price: 25,443.47$
Previous unrealized profit: 580,000$
Closing price: 25,291$
➡️ Result: Approximate loss of 300,000$, after the potential loss could have exceeded 700,000$ if the position had not been closed in time.
But the good news: ✅
A profit of 360,000$ was achieved from another leveraged position in copper contracts with a size of 18 million dollars.
💡 Current status of the position:
Current position sizes: Approximately 4 million dollars
Weekly losses: 2.9 million dollars
Strategically: Holding only long positions in Intel and Micron to reduce risks.
🔥 Notes:
The trader is known for focusing on American stocks and precious metals on the blockchain.
Previously, they were one of the biggest advocates for gold on the network and held massive positions in Nasdaq and copper reaching up to 40 million dollars.
This event always reminds us that leveraged trading carries significant opportunities… but it is also filled with risks! ⚡
📢 Share your opinion: Would you take a leveraged position in a volatile market like Nasdaq? 💬
$INTC
