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After incurring a loss of $530,600, a certain "whale" opened a long position of more than five times that amount, buying 3.86 million ASTER tokens.
Svmuu News: According to Lookonchain’s monitoring, following Aster’s announcement of its token economics update, the whale address 0x5f91 quickly jumped on the rally, opening a long position of approximately 5.33 million ASTER (worth approximately $3.97 million). Subsequently, the price of ASTER corrected, and the position was fully liquidated, resulting in a loss of approximately $530,600. However, the address subsequently re-entered the market and has now re-established a long position with 5x leverage, totaling approximately 3.86 million ASTER (about $2.61 million), indicating that it continues to bet on a rebound amid high volatility.
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