A whale, after losing $530,000 in a liquidation during ASTER's volatility, has opened another 5x long position

According to Lookonchain monitoring, after Aster announced its tokenomics update, whale address 0x5f91 quickly chased the rally, opening a long position of approximately 5.33 million ASTER (worth about $3.97 million). Subsequently, the price of ASTER retraced, and the position was completely liquidated, resulting in a loss of approximately $530,600.

However, the address has re-entered the market, re-establishing a 5x leveraged long position of approximately 3.86 million ASTER (about $2.61 million), indicating its continued bet on a rebound amid highly volatile market conditions.