ASTER Whale Shorts 42.97M Tokens at 3x Leverage, Reversing $1.1M Unrealized Loss into $1.2M Profit After CZ Callout

COINOTAG News reports, citing HyperInsight, that a major market participant enacted a leveraged short on the ASTER token, totaling 42.966 million units at 3x, with a notional value near $51.3 million. The move flipped from an unrealized loss of about $1.1 million to an unrealized gain of roughly $1.2 million as price action unfolded.

According to the data, the entry price stood at $1.208 and the liquidation price at $2.0858. The same trader initiated the initial short on 18.55 million ASTER four days earlier and, after a public callout by CZ, added another 24.41 million ASTER to the short exposure.

In addition to ASTER, the whale reportedly holds short positions across DOGE, ETH, XRP, and PEPE, contributing to total unrealized profits of about $7.86 million. The entity placed a limit-sell order worth approximately $24.51 million within the price band of $1.3488-$1.3947 to potentially realize gains amid current liquidity.