According to a ChainCatcher report, Hyperinsight monitoring data shows that in the past one hour, an address starting with "0x17d" fully closed its long position of approximately 1.76 million ASTER tokens. The position size was around $1.35 million, generating a profit of about $147,000. It is understood that the address deposited approximately $304,000 into Hyperliquid yesterday and then bought ASTER at a price of about $0.687 using 5x leverage. Today, driven by related positive news that pushed the price up, the address closed its position entirely at around $0.77. This was the first trade for the address, achieving a return of 40%.
Data: Suspected Insider Address Closes $1.35M ASTER Long Position, Records 40% Profit
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Summary
A suspected insider address, starting with 0x17d, closed a $1.35 million ASTER long position using position trading, securing a 40% profit. The address deposited $304,000 into Hyperliquid, bought 1.76 million ASTER at $0.687 with 5x leverage, and closed the position near $0.77 after bullish news. This was its first trade, highlighting the importance of position sizing in leveraged strategies.
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