ASTER trades sideways for one month, the largest on-chain whale holds a long position of $18 million and remains inactive

BlockBeats news, on March 11, according to Hyperinsight monitoring, the whale "neoyokio.eth" (0x152) maintains a floating profit of $1.6 million on a 4x leveraged ASTER long position, with the current position size reaching $18 million, making it the largest ASTER long position on Hyperliquid.

It is reported that on January 28, this address entered the market with a base position at an average price of $0.69; then made a significant bottom purchase near $0.56 and continued to roll over and increase the position, resulting in a final average holding price of $0.636. On February 11, ASTER broke through the $0.7 mark and entered a narrow range of consolidation, which has lasted for nearly a month.

In response to this market trend, the whale at the top of the holding leaderboard chose to remain inactive. The account has not made any adjustments to ASTER for 20 consecutive days. The floating profit on the long position remains stable around $1.6 million.