Whale Suffers $4.21 Million Loss After ASTER and ETH Positions Liquidated, AVNT Longs Closed

According to data from on-chain analytics platform Onchain Lens on January 19, a major crypto whale suffered a $4.21 million loss after their ASTER and ETH positions were liquidated, followed by the forced closure of AVNT long positions.

Interestingly, the trader quickly rebounded and re-entered the market with a 25x leveraged ETH position, currently valued at $11.18 million but already showing a floating loss of $138,000.

Breakdown of losses from this event:

• $3.74 million loss from ASTER holdings
• $250,000 loss related to ETH
• $223,000 loss from AVNT positions