Insider address closed all positions after a 40% gain in one day. What does this leveraged trade on ASTER reveal?

A suspected insider address completed a high-leverage trade on ASTER. On January 13, this address transferred $304,000 to Hyperliquid and fully bought 1.76 million ASTER tokens at a 5x leverage with an entry price of $0.687. Just one day later, it closed all positions around $0.77, realizing a profit of $147,000 with a 40% return. Notably, this was the first trade for this address.

Trading Process Overview

Timeline comparison

The execution speed of this trade is noteworthy. Address 0x17d entered the market on January 13 and exited completely on January 14. During this period, the price rose from $0.687 to around $0.77, an approximately 12% increase. With 5x leverage, this 12% gain was amplified to a 60% account return, netting about 40% after fees and slippage.

Why “suspected insider”

The term “insider address” is based on market observer speculation, mainly due to several features:

• Precise timing of the first transaction, entering at a relatively low point
• Large trading volume (initial investment of $304,000)
• Very short holding period (1 day), indicating a clear exit target
• Market news mentioned “related positive news driving the price up,” suggesting this address might have anticipated this window

However, it’s important to emphasize that this is only market speculation; we cannot confirm whether the address has access to non-public information.

Key Trading Data

Market Contrast: Extreme Divergence

Interestingly, large traders in the ASTER market show significant differences.

Address 0x17d: Perfect exit

A short-term, efficient trade that successfully secured profits.

Address 0x6b4: Deeply trapped

According to recent monitoring, this address’s long position in ASTER is now floating at a loss of $1.46 million (76% loss), with a liquidation price of only $0.621. Even more painfully, this position has been losing since it was opened on November 22, 2025. Same token, same 5x leverage—why did the outcomes differ so drastically?

The differences lie in:

• Entry timing: 0x6b4 entered at a high point (~$0.94), while 0x17d entered at a low
• Holding strategy: 0x6b4 held long-term, 0x17d exited quickly
• Risk management: 0x17d had a clear take-profit target; 0x6b4 may lack a defined exit plan

The true picture of the ASTER market

Price trend

Currently, ASTER is priced at $0.769915, up 9.96% in the past 24 hours but down 17.21% over 30 days. This reflects a volatile market—short-term gains are significant, but the medium-term trend remains in a bottoming phase.

Market sentiment divergence

Latest news indicates clear differing views:

• Bulls: believe ASTER is a platform token with long-term value, recommend patience holding
• Bears: point to abnormal trading volume and large holders reducing positions (market maker Wintermute has decreased ASTER holdings)
• Traders: focus on short-term technical signals, seeking rebound opportunities

Movements of other major holders

Market maker Wintermute reduced its ASTER holdings last week, possibly reflecting institutional caution about short-term trends. Meanwhile, community voices remain optimistic about ASTER’s long-term potential, seeing current levels as accumulation opportunities.

Personal observations

This trade signals several points:

1. Short-term opportunities exist: The success of 0x17d shows ASTER can present trading opportunities in the short run, especially driven by positive news
2. Risk and reward coexist: The deep loss of 0x6b4 illustrates that leveraged trading on ASTER is very risky; a wrong entry timing can lead to long-term trapped positions
3. Timing is crucial: Same leverage, same token—entry timing determines success or failure
4. Market is still in a tug-of-war: The divergence among large traders reflects that ASTER’s market is still searching for its true value

Summary

The 40% profit from address 0x17d’s one-day trade is essentially a “timing precision” case. This address either has some informational advantage or possesses a keen market sense. Regardless, this trade reminds us that in markets like ASTER, short-term trading opportunities do exist, but the risks are equally high.

For ordinary investors, it’s more important to recognize your own trading skills and risk tolerance. Blindly following large traders’ leverage strategies can easily lead to outcomes like 0x6b4’s. Conversely, if you can set clear goals and maintain discipline like 0x17d, short-term trading might become an effective strategy. The ASTER market is still in a consolidation phase; future movements warrant continued attention.