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Solana Whale Liquidates ASTEROID Position for Profit, Then Loses $86.8K on SCAN

GateNews
solana news

Gate News message, April 29 — A Solana whale address (JBhVo…MBYiv) liquidated its 52.8 million ASTEROID tokens five hours ago at an average price of $0.00306, realizing a profit of approximately $83,700 against an average cost of $0.00148.

Immediately after, the whale deployed the full proceeds into SCAN, accumulating a position worth $135,000 at an average cost of $0.00856. However, the final purchase occurred before Elon Musk removed a related pinned tweet, and within approximately 30 minutes, SCAN’s price dropped sharply. The whale exited with a loss of $86,800, wiping out all prior gains from the ASTEROID sale.

According to on-chain analyst Ai姨, the address’s entire profit from the ASTEROID trade was completely reversed in the SCAN trade.

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Comment
0/400
YiBiwanLi2828vip
· 04-29 04:05
What J8 whale, a silly thing that depends entirely on luck, 😁
View OriginalReply0