According to Mars Finance, on February 6th, HyperInsight monitoring revealed that a long position in ASTER held by a whale address (0xa9c…) on Hyperliquid has been deeply trapped for nearly four months. This position was established on October 15th of last year at an average price of approximately $1.37, and currently shows a floating loss of approximately $2.14 million, a loss of 866%, equivalent to nearly nine times the initial capital. Its current position size is approximately $1.23 million, with a liquidation price of $0.31. Furthermore, this address has recently been frequently chasing highs and lows in xyz:SILVER (silver-mapped contract) and xyz:XYZ100 (NASDAQ 100 index-mapped contract). The most recent closing record is a long position in SILVER held seven days ago, which once reached $7.86 million, ultimately exiting with a loss of approximately $1.67 million. After multiple losses, the account's funds have shrunk to approximately $540,000.
A certain whale) went long on ASTER at an average price of $1.37 and is now experiencing a paper loss of nearly nine times its initial investment.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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