FTX:ETHBULLUSD   3X Long Ethereum Token
FTX Leveraged tokens dropped a lot. This is the reason why a pullback can generate 10x or even more when using Leverage tokens.
This is a great risk-reward but also there might be another leg lower so a good strategy is to enter 50% and add more when the price starts to move up.
You can read more about leveraged tokens here
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