According to Coinbob's hot address tracking, a whale known for accurately catching the XPL surge has recently re-entered the market, making a significant move in the ASTER project.
Strategic Positioning in ASTER Worth $7.3M
The whale initially started accumulating ASTER five days ago and has since added to their position. Currently, their main address holds a $5.55M long position in ASTER at 2x leverage, with an average price of $0.65. It's currently underwater by $630K, with a liquidation price at $0.29.
Meanwhile, a linked sub-wallet has also entered the market, taking a $1.85M ASTER long position at 3x leverage, averaging at $0.56 per token. This position has a liquidation threshold at $0.361 and is already showing a small unrealized profit, indicating precise entry timing.
Proven Track Record with Over 80% Win Rate
This whale previously gained attention in September 2023 by purchasing $20M worth of XPL at $0.69 per token ahead of a major price surge. They exited near $1.30, locking in around $16M in profits—an operation so precise it led to speculation about inside knowledge.
Beyond crypto trading, the address remains active on Polymarket prediction markets, currently holding positions across several trending events. Monitoring their activities could continue to offer valuable market insights.