Huo Xing Finance reports that on September 7, according to Lookonchain monitoring, a trader went long on BNB and ASTER on the Aster DEX with 50x leverage, achieving multi-fold returns. Data shows the trader went long on 230 BNB, with a position value of approximately $171,600, yielding a profit of about $13,000 and a return rate of 386.51%; simultaneously, the trader went long on 275,674 ASTER, with a position value of approximately $217,600, yielding a profit of about $25,600 and a return rate of 589.60%.
Trader Achieves 590% Return on 50x Leveraged ASTER Position
MarsBitShare
Summary
A trader leveraged on-chain trading signals to achieve a 590% return on a 50x leveraged ASTER position. On September 7, the trader executed position trades on BNB and ASTER via Aster DEX. A 230 BNB long position (~$171,600) generated ~$13,000 in profit (386.51% return). A 275,674 ASTER long position (~$217,600) yielded ~$25,600 in profit (589.60% return).
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