WLFI Trader Locks $915K Profit Closing 3x Leveraged Long, Immediately Opens 8x TRUMP Position

COINOTAG News reported on September 1 that, according to Onchain Lens monitoring, the largest profit taker on WLFI unwound a 3x leveraged long, realizing approximately $915,000 in gains. Chain records show the same account opened a new TRUMP long with 8x leverage, representing a clear reallocation of exposure across derivative positions. The verified on-chain transactions highlight active position management by sizable traders and may influence short-term liquidity and volatility dynamics in both WLFI and TRUMP markets. Market participants should consider the confirmed on-chain data when assessing risk, given that increased leverage proportionally amplifies potential losses as well as gains.

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Source: https://en.coinotag.com/breakingnews/wlfi-trader-locks-915k-profit-closing-3x-leveraged-long-immediately-opens-8x-trump-position/