According to Hyperinsight monitoring, on January 14, an address starting with 0x17d completed a $1.35 million ASTER trade, successfully generating a $147,000 profit.
Details of the Trade
Interestingly, the address first deposited $304,000 to the exchange yesterday, purchasing ASTER at around $0.687 with 5x leverage. After the price rose to $0.77 today driven by positive news, the address decided to close the entire position, achieving a 40% return in its first trade.
- Initial investment: $304,000
- Leverage: 5x
- Entry price: $0.687
- Exit price: $0.77
- Total profit: $147,000
This trade highlights the potential of leveraged trading and the significant impact of positive market news on cryptocurrency prices.