One address opened a 5x leveraged long position of approximately 4.58 million ONDO contracts in the past hour.

CoinFeed reported on May 22 that, according to Lookonchain, a wallet with the address 0xf01d opened a 5x leveraged long position of approximately 4.58 million ONDO tokens through a perpetual contract in the past hour, with a nominal position of approximately $2.1 million and an exposure of approximately $10.5 million.