【Blockchain Rhythm】Interesting on-chain movements. Yesterday, a trader cleared out 2.57 million ASTER tokens within 4 hours, selling at $0.72 each, cashing out $1.85 million in one go.
But this trade actually resulted in a big loss—he bought the tokens two months ago at an average price of $1.03, and now the price has dropped by 30%, with a loss approaching $800,000. This could be because he was too deeply trapped and finally decided to cut losses; or perhaps he had some informational advantage and knew something ahead of time.
In any case, such large-scale sell-offs do put pressure on the market. The future of ASTER’s price still depends on whether the upcoming fundamentals can turn the situation around.
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GasBankrupter
· 6h ago
800,000 directly lost, this is the crypto world... you need to know when to run
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RegenRestorer
· 6h ago
How desperate must this guy be to dump the market like that? $800,000 just gone like that.
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Ser_APY_2000
· 7h ago
$800,000 stop-loss, how strong must this guy's mentality be... I would have been unable to sleep after losing this much money.
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TopBuyerForever
· 7h ago
$800,000 just gone like that, sigh, this is the crypto world.
On-chain whale liquidation: Behind ASTER's massive cash-out, traders lost $800,000
【Blockchain Rhythm】Interesting on-chain movements. Yesterday, a trader cleared out 2.57 million ASTER tokens within 4 hours, selling at $0.72 each, cashing out $1.85 million in one go.
But this trade actually resulted in a big loss—he bought the tokens two months ago at an average price of $1.03, and now the price has dropped by 30%, with a loss approaching $800,000. This could be because he was too deeply trapped and finally decided to cut losses; or perhaps he had some informational advantage and knew something ahead of time.
In any case, such large-scale sell-offs do put pressure on the market. The future of ASTER’s price still depends on whether the upcoming fundamentals can turn the situation around.