The suspected insider address completely closed out its approximately $1.3 million long position in ASTER yesterday, recording a profit of 40% of its principal.

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According to Mars Finance, on January 14th, Hyperinsight monitoring showed that in the past hour, an address starting with 0x17d completely closed its long positions in approximately 1.76 million ASTER tokens, with a total position size of approximately $1.35 million, recording a profit of approximately $147,000. It is understood that this address transferred approximately $304,000 to Hyperliquid yesterday, and subsequently bought ASTER at approximately $0.687 with 5x cross margin. Today, after positive news drove up the price, the address closed its entire position near $0.77. This was the address's first transaction, yielding a return of 40%.

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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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