Whale Who Lost $35.84M on ETH Recovers $850K After ASTER Long and BTC Short

COINOTAG, on September 23, citing Ashes Monitoring data, reported that a Hyperliquid whale previously recorded substantial losses, including $35.84 million on an ETH long and $7.5 million on a BTC short; the address was identified as the platform’s largest loss case.

According to the same monitoring feed, the trader subsequently initiated a long position in ASTER and realized $420,000 in profit upon exit, reflecting a material recovery in that specific trade without commentary on broader strategy.

Later activity shows the account opened a BTC short and closed it early the following morning, booking an additional $430,000 gain; all figures are reported by Ashes Monitoring and COINOTAG and are presented as verified on-chain data.