A 10x leveraged position amplifies profits and losses by a factor of ten such that if DOGE rises 10%, the trader earns the equivalent of a 100% return on capital. If it falls 9%, the position is wiped out entirely.
According to data cited from Santiment, large wallets now hold a record 108.52 billion DOGE, with 149 addresses holding at least 100 million DOGE each. The network also saw 739 transfers worth more than $100,000 in a 24-hour span, the highest level in six months.
