MON Whale Goes Long on 171.68 Million MON with 3x Leverage, $5.6M Position and $654K Unrealized P&L

COINOTAG News, November 25 — according to LookIntoChain monitoring, a crypto whale has built a large long position in MON tokens, acquiring 171.68 million MON with 3x leverage over a 12-hour period, totaling roughly $5.6 million in notional exposure.

Current on-chain data shows an unrealized P&L of about $654,000, signaling mark-to-market risk within leveraged MON trades. Traders and analysts should monitor correlated on-chain signals and exchange flow to assess liquidity dynamics, while maintaining robust risk controls around mid-cap crypto assets.

Source: https://en.coinotag.com/breakingnews/mon-whale-goes-long-on-171-68-million-mon-with-3x-leverage-5-6m-position-and-654k-unrealized-pl