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

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.