Aster DEX trader nets $5.6M on 1x memecoin short
The wallet was seven days old and held a single position: a 1x leveraged short on 139.58M $ESPORTS that turned a $3.9M deposit into a $5.6M unrealised gain.
Every Zipp story tagged $ESPORTS, newest first.
The wallet was seven days old and held a single position: a 1x leveraged short on 139.58M $ESPORTS that turned a $3.9M deposit into a $5.6M unrealised gain.
The sell converted 43% of circulating supply into roughly $13.65M in BNB in just four hours — classic distribution-to-exit shape, and the price followed.
PYTH's annual cliff alone unlocks 37% of float, while ESPORTS continues monthly emissions worth 29% of its market cap — supply overhang concentrated in two names.