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A Suspected Insider Closes $1.35M ASTER Long Position with 40% Profit

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ASTER
$0.609-1.03%
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On January 14, a wallet starting with 0x17d fully closed a 17.6 million ASTER long position, valued at around $1.35 million, securing a 40% profit. The address had deposited $304,000 into Hyperliquid the prior day, using 5x leverage to buy ASTER at $0.687. Position sizing allowed the trader to capture gains as the price rose to $0.77, driven by positive news. The trade reflects a disciplined approach to position trading and risk management.

BlockBeats News, January 14, according to... Hyperinsight Monitoring According to the data, in the past one hour, the address starting with 0x17d completely closed its long position of approximately 1.76 million ASTER tokens. The position size was around $1.35 million, resulting in a profit of approximately $147,000.


It is reported that the address deposited approximately $304,000 into Hyperliquid yesterday and then fully bought ASTER with a 5x leverage at a price of about $0.687. After the price of the token rose today due to related positive news, the address closed all positions near $0.77. This operation was the address's first trade, achieving a 40% return.

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