A whale suffered a $530,000 liquidation loss amid ASTER volatility, then re-entered with 5x leverage.

Odaily Planet Daily reports: 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, as the ASTER price corrected, the position was fully liquidated, resulting in a loss of approximately $530,600.

However, the address re-entered the market shortly after and has now established a new 5x leveraged long position, sized at approximately 3.86 million ASTER (worth about $2.61 million). This shows the whale is continuously betting on a rebound direction amid highly volatile market conditions.