According to ChainCatcher, Lookonchain monitoring shows that as ASTEROID continues to fall, a whale’s position has recorded an unrealized loss of $1.53 million. The loss rate has reached 84%, based on the gap between the whale’s reported purchase cost and the current estimated value of the holdings.
Position Value Falls to $282,000
The monitored address spent $1.81 million to purchase 4.21 billion ASTEROID tokens. At the latest reported valuation, that same position is worth only $282,000. The difference between the original outlay and the current position value amounts to a paper loss of $1.53 million.
In on-chain tracking, the term “whale” generally refers to a wallet address holding a large amount of assets. In this case, the key figures disclosed by Lookonchain are the whale’s purchase size, the number of ASTEROID tokens acquired, the current estimated holding value, and the 84% unrealized loss.