Four addresses build $4.95 million AKE long on Aster DEX, up $1.42 million

Four addresses build $4.95 million AKE long on Aster DEX, up $1.42 million

Four wallets opened 1x long positions totaling 3.48 billion AKE on Aster DEX, and the trade is now showing an unrealized profit of about $1.42 million.

Fact Check
The original Lookonchain X post (2026-07-18) reports precisely the figures in the claim: four wallets opened 1x long positions on $AKE via Aster DEX totaling 3.48B $AKE ($4.95M) with $1.42M unrealized profit, and lists four specific wallet addresses. The supplied Odaily newsflash restates these identical figures citing Lookonchain, and multiple independent secondary X posts on the same date corroborate. The claim's summary of 'four wallets, 3.48 billion AKE, $4.95M, $1.42M unrealized profit' matches the primary source exactly. The only caveat is these are on-chain analytics interpretations (position sizing, profit is unrealized and market-dependent), but the reported facts are consistent across sources.
    Reference12
Summary

Four wallets have opened 1x long positions in AKE on Aster DEX, building a combined position of 3.48 billion tokens worth about $4.95 million. The positions are currently showing an unrealized profit of roughly $1.42 million. Even at 1x leverage, a long position still carries direct exposure to a token’s price, meaning gains or losses remain tied to market moves while the trade stays open.

Terms & Concepts
  • Aster DEX: A decentralized exchange where users trade tokens directly on-chain.
  • 1x long positions: Trades that seek to profit from a price increase with exposure roughly equal to the trader’s posted capital.
  • unrealized profit: A gain that exists on paper while a position remains open and has not been closed.