🚨 Whale position alert! ASTER & AVAX become heavy holdings outside of HYPE

Besides HYPE, on-chain data shows:

The largest single whale position currently holding is in ASTER and AVAX perpetual contracts, with astonishing size:

🐋 ASTER

· Position value: $16.1444 million

· Leverage: 4X full position

· Unrealized profit and loss: +$526.1k

· Entry average price: $0.64 / Liquidation price: $0.47

· Current funding fee: -$175.1k (holding costs are not low)

🐋 AVAX

· Position value: $14.9975 million

· Leverage: 10X full position

· Unrealized profit and loss: +$111.2k

· Entry average price: $9.04 / Liquidation price: $7.09

· Current funding fee: -$251.8k

⚠️ Two observations:

1. The whale is simultaneously holding large long positions in two altcoins, with different leverage multiples (4X vs 10X), indicating it's not blindly gambling but has layered risk control.

2. The funding fee remains negative, with holding costs amounting to tens of thousands of USDT daily — either extremely optimistic about the future market or playing a short-term squeeze game.

📌 Conclusion: ASTER and AVAX have become the core targets of whales' "second echelon."
$ASTER ‌