Lookonchain captured a major movement.

A certain whale address spent 2 million USDT in the past hour, buying 1.825 million ASTER at an average price of 1.1 dollars. After buying, they were still not satisfied and immediately borrowed 2 million USDT from Aave, which has already been deposited into the Aster platform, clearly preparing for a second round of accumulation. Despite the ASTER price having already increased significantly, to still play this way either indicates insider knowledge or extreme confidence in the project.
Using leveraged borrowing to go long indicates that this player has immense confidence in the market's future. Of course, the risks are significant, including bearing borrowing interest and potential liquidation risks. Such high-profile on-chain operations can easily attract follow-up trading once made public. However, it is also important to be cautious, as it may be deliberately staged for retail investors to see, in order to attract them to buy high while they themselves sell off.
The operations of whales can be referenced, but do not follow blindly. It is still necessary to return to the fundamentals of the project for judgment. #美联储降息25个基点