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HomeCrypto NewsMarketAnonymous ‘Anti-CZ Whale’ Sits on $21M Unrealized Profit From Massive ASTER Shorts

Anonymous ‘Anti-CZ Whale’ Sits on $21M Unrealized Profit From Massive ASTER Shorts

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An anonymous trader known as the Anti-CZ Whale has over $21 million in unrealized profit from his ASTER short positions, based on on-chain data.

The whale currently holds 58.27 million ASTER tokens in short positions, valued at approximately $51.14 million. These positions have a liquidation level set at $2.091.

The same trader has also shorted Dogecoin (DOGE), Ethereum (ETH), XRP, and PEPE, all of which are currently yielding profits. Combined, his positions on the decentralized perpetual exchange Hyperliquid have brought his total profit close to $100 million.

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Reaction to CZ’s ASTER Purchase

These trades were opened shortly after Binance founder Changpeng Zhao (CZ) announced that he had purchased $2.5 million worth of ASTER. Following his disclosure, the ASTER price surged more than 30% to $1.20. 

However, the rally was short-lived. The token has since faced heavy selling pressure. Consequently, it is now trading around $0.8804, marking a 17% drop within 24 hours.

Transparency Debate After Market Volatility

Following the market’s reaction to his post, CZ launched a poll on X (formerly Twitter) asking followers whether he should continue disclosing his personal trades. The poll gathered 72,102 responses, with 70% voting in favor of continued transparency and 30% preferring non-disclosure. 

Despite the majority supporting disclosure, CZ said he might reconsider sharing such information in the future to avoid market misinterpretations.

Ex-Binance CEO Reflects on His Trading Record

A few hours later, CZ commented humorously on his past experiences of buying at unfavorable times. He recalled buying Bitcoin (BTC) in 2014 for about $600, only for its price to drop to $200 shortly afterward. He also noted that his BNB purchases in 2017 had fallen 20–30% soon after he bought them.

“Every time I buy coins, I end up in a losing position,” CZ said in his post, warning traders to “be cautious and manage risks.”

He added that he would likely stop revealing future trades to avoid influencing market sentiment.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Zabi
Zabi
Zabi is crypto enthusiastic with more than 10 years of experience in managing Google News-approved Finance websites. Zabi has a strong background in finance with a thorough understanding of cryptos and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages his personal stock and finance-related Google News-approved websites.

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