A new wallet went long on approximately $13.12 million worth of SOXL with 10x leverage.
Original headline新钱包以 10 倍杠杆做多价值约 1312 万美元的 SOXL
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A newly created wallet opened a 10x leveraged long position in 213,036 SOXL shares worth roughly $13.12 million, according to Lookonchain monitoring on November 12. The position is isolated with an entry price of $62.25 and a liquidation price of $60.70. The trade matters because the narrow gap between entry and liquidation leaves little room for downside before forced closure. Watch whether SOXL holds above the $60.70 threshold and whether the wallet adds margin or scales the position.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
SOXL, Lookonchain