A whale got liquidated with a $530,000 loss in ASTER volatility, then opened a 5x long position again

Odaily Odaily reports that according to Lookonchain monitoring, after Aster released its tokenomics update, the 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 this position was fully liquidated, resulting in a loss of approximately $530,600.

However, the address then re-entered the market and has now established a new 5x leveraged long position, totaling about 3.86 million ASTER (approximately $2.61 million), indicating it continues to bet on a rebound direction amid high volatility.