Whale Opens 3.86M ASTER 5x Long After 530K Liquidation

ASTER1.41%
According to Lookonchain, whale address 0x5f91 has reopened a 5x leveraged long position on approximately 3.86 million ASTER tokens (worth around $2.61 million) following a complete liquidation. The address had previously opened a 5.33 million ASTER long worth $3.97 million after Aster's tokenomics update announcement, but the position was fully liquidated as prices declined, resulting in a loss of $530,600. The whale's renewed entry signals continued bullish conviction amid the volatile trading environment.
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