Melania rises 6 % after a whale with a short 40x bet on bitcoin for a long time on the first lady mimkeen

The official Melania Melania/dollar It increased dramatically on Sunday after it opened a five -fold -tied site in the meme.

What happened: The official encrypted currency of the first lady Melania Trump 6.29 % jumped during the previous day, while the trading volume doubled more than three times to 35 million dollars. Cracks outperform performanceMr. Dr Bitcoin BTC/USDand ethereum Eth/USDAnd Dokwin Dog/Dollar In the last 24 hours.

The price rose after an influential merchant, who issued news to take 40x The short center benefit On Bitcoin, A 5X commercial bet opened a crane to benefit from the increase in Melania’s prices.

The situation, which is valued at $ 2.5 million, was opened at the time of writing this report, at an entry price of $ 0.69135, According to To data from the permanent decentralized trading platform.

Since the opening of Al -Taweel, the trader made unrealized profits more than $ 105,000.

Benzenga noteTrading in trading in the field of cryptocurrencies allows opening larger sites using borrowed capital. Although it can lead to profit amplification, it also greatly increases the risk of significant losses due to the volatile nature of encrypted currencies.

See also: The House of Representatives Committee prefers the organization Stablecoin to strengthen the dollar: the majority of a whip says CBDCS against “American values”

Why do it matterThe high risk bets of the coin that have collapsed since its initial madness.

Melania fell nearly 95 % of the highest level ever at $ 13.73 January launch. In addition, the recession scanned the value of $ 13 billion from the fully reduced capital of the currency, which is now 724 million dollars.

PriceAt the time of writing this report, Melania has exchanged hands at $ 0.7246, an increase of 6.23 % in the past 24 hours, according to Data from Benzinga Pro.

Compliment image: Evan Al -Amin on Shutterstock.com

Read the following: