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HomeCrypto NewsMarketTop Whale Invests $8.14 Million in ASTER, Gains $1.1 Million Within Days

Top Whale Invests $8.14 Million in ASTER, Gains $1.1 Million Within Days

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Crypto whale identified by the wallet tag ‘ThisWillMakeYouLoveAgain’ has made a bold move into ASTER, the native token of the CZ-backed DEX Aster.

According to the blockchain tracking platform Lookonchain, the investor acquired 8.41 million ASTER tokens over the course of a week.

In doing so, he spent around $8.14 million at an average price of $0.97. The whale’s position is already showing an unrealized gain of $1.1 million.

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Whale’s Past Success

Notably, the whale’s most recent significant transaction occurred on November 4, when he deposited 4.21 million USDT into Aster DEX. He then used the funds to acquire 4.6 million ASTER at $0.915 per token, as reported by Lookonchain.

It is worth mentioning that this investor previously earned over $36.21 million in profit from trading the PEPE memecoin. That achievement solidified his reputation for spotting lucrative opportunities early.

CZ Involvement Triggers Market Buzz

The buying spree came shortly after Binance’s Changpeng Zhao, CZ, publicly disclosed that he had purchased $2 million worth of ASTER. His announcement on X immediately fueled excitement, driving the token price up by more than 30% to a peak of $1.20.

However, the rally was short-lived. The token soon corrected, falling to $0.8388 before recovering as broader market sentiment stabilized.

As of this writing, ASTER is trading at $1.14, reflecting a 3.33% increase in the past 24 hours and an 11% gain over the past week. The token’s market capitalization now stands at $2.31 billion, making it the 44th largest cryptocurrency in the world.

The sharp market reaction to CZ’s ASTER announcement prompted him to clarify that he would no longer share details of his personal trades. The move, he said, aims to prevent any unintended influence on market sentiment or investor behavior.

The former Binance CEO’s support for Aster DEX has nonetheless played a crucial role in boosting its visibility since launch, helping it gain traction among traders seeking on-chain perpetual trading platforms.

ASTER Rapid Rise Since Launch

Since its launch on September 17, 2025, Aster DEX has emerged as one of the most talked-about decentralized trading projects in the digital asset ecosystem.

The token debuted at a token generation event (TGE) price of just $0.02 and quickly gained momentum following CZ’s endorsement. Within a week, ASTER reached an all-time high of $2.42 on September 24, 2025, a staggering 10,000% surge from its initial price.

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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