After $530K Loss, ASTER Whale Places New $2.61M Bet

A major crypto trader has once again taken a leveraged position in ASTER after a costly setback. Following Aster’s tokenomics announcement, the wallet opened a long position of approximately 5.33 million ASTER, valued at nearly $4 million.

However, as the token’s price retreated, the position was fully liquidated, resulting in a loss of around $530,600.

Despite the loss, the trader has returned to the market, opening a new 5x-leveraged long position on 3.86 million ASTER, currently valued at about $2.61 million.

Source: Lookonchain