Trader '0xE34E' achieves ~1581% return on 50x leveraged ZEC long

According to Lookonchain, a trader identified by the address '0xE34E' achieved an approximate 1581% return on a 50x leveraged long position in ZEC on the decentralized exchange Aster DEX. The trader opened a position with 140 ZEC, with an initial notional value of approximately $224,000, resulting in an unrealized profit of about $70,700 as the price of ZEC surpassed $1,600.