A whale has opened a 2x leveraged long position on MEGA worth approximately $12 million, with a liquidation price of $0.0011

Odaily Planet Daily reported that according to Onchain Lens monitoring, a whale has shifted to a 2x leveraged long position on MEGA over the past 3 days after closing an ETH short position. The current position size is approximately $12 million, with an entry price of $0.197 and a liquidation price of $0.0011. Due to price fluctuations, the position is currently valued at about $1.5 million, with unrealized losses exceeding $840,000.