A trader goes 10x long on PUMP with a position value of $9.61 million, profiting $288,000

Odaily News: A trader is currently using 10x cross leverage to go long on 1.67 billion PUMP tokens, with a notional value of approximately $9.61 million, an entry price of $0.005579, a current profit of approximately $288,000, and an ROE of approximately 30.9%. The account equity is approximately $970,000, of which $961,000 is margin for this single position, and the liquidation price is approximately $0.00208762.