According to @lookonchain, wallet 0x0fec sold 1,001 ETH worth about 4.55 million dollars and then opened a 15x leveraged long on 15,023 ETH with notional about 67.8 million dollars, implying an entry near 4,513 dollars per ETH, source: @lookonchain on X. The 67.8 million dollar notional implies roughly 678,000 dollars profit or loss per 1 percent move and an initial margin near 4.52 million dollars at 15x that closely matches the 4.55 million dollar spot sale, indicating a shift from spot to leveraged exposure, source: @lookonchain on X. Traders can monitor address 0x0fecee5bdf2db78d6d1499c3391494b3d888ba3b on Hypurrscan for live flows and position updates, source: Hypurrscan at hypurrscan.io/address/0x0fecee5bdf2db78d6d1499c3391494b3d888ba3b.