Unrealized profit of $340,000: two addresses go long on 1.5 million MAGMA with 2x leverage

According to Lookonchain monitoring, two addresses went long on 1.5 million MAGMA with 2x leverage on Aster DEX, investing $775,000. They currently have an unrealized profit of $340,000, with a peak return of 105.84%. MAGMA is up over 70% today.