A trader opened a long position in xyz:SP500 with 50x leverage and a long position in ETH with 25x leverage.

CoinFeed reported on March 24th that, according to Lookonchain monitoring, trader 0x9657 opened a long position of 1,236 xyz:SP500 (US$8.09 million) with 50x leverage and a long position of 2,346 ETH (US$5.01 million) with 25x leverage. The liquidation prices were as follows: xyz:SP500: US$6,525.59; ETH: US$2,095.89.