A trader opens a 10x long position on PUMP worth $9.61 million, with a profit of $288,000

Odaily News: A trader is currently long 1.67 billion PUMP tokens with 10x cross leverage, 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.