Critical information has emerged: one of the largest whales opened a massive short position on the asset $ASTER
.
Summary of the Kityara deal:
Margin Amount: $117.85M
Shoulder (Leverage): 3×
Total position size: \approx \$354M
Unrealized Profit: +\$10.45M (or +70.64\% of margin)
Such impressive profit (+70.64%) confirms that the position was opened very timely and is currently in strong profit.
What does this mean?
👉 Huge confidence in the decline: When a whale enters a trade with such volume and leverage, it often signals high confidence in their analysis and anticipation of significant downward movement.
👉 Pressure on the market: A position of this size can exert additional pressure on the price itself.$ASTER 
👉 Signal for the market: Many traders are closely watching the actions of major players. It is worth paying attention to this signal.
Your move:
I do not give financial advice, but I believe this fact cannot be ignored. Carefully analyze the current chart of $ASTER, support and resistance levels. Keep in mind that whales may close their positions quickly, causing strong market movements.
What will your actions be?
🤔 Will you step back until the situation becomes clear?
💼 Will you reduce your long positions/convert to fiat?🚀 Will you try to join the short?
Share your opinion and analysis in the comments! 👇
