🚨 A trader on binance as executed a highly successful long position on $ETH realizing nearly $1 MILLION in unrealized profit. The entry price was $1904 and the current mark price stands at $2570 reflecting a significant +955.74% ROI with 37x leverage.
This exemplifies the potential for substantial gains in cryptocurrency trading, but also highlights the inherent risks associated with high leverage.
It prompts a crucial question for the trader: What is the optimal strategy now? Should they capitalize on these remarkable returns, or maintain the position with the expectation of further appreciation?