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Monitored by Woofun AI, whale address 0x5f91 incurred a total loss of approximately $530,600 after its initial long position was fully liquidated. The position, comprising roughly 5.33 million ASTER tokens valued at $3.97 million, collapsed as the asset price corrected following the project's announcement of a tokenomics update.
Concurrently, the same address demonstrated renewed bullish sentiment by re-entering the market within a short timeframe. The entity established a new 5x leveraged long position totaling approximately 3.86 million ASTER, valued at around $2.61 million. This rapid redeployment suggests the trader maintains a strong conviction in a potential price rebound despite the immediate downside risk.