HomeAltcoin NewsCrypto Whale Makes $1.1M Profit on CZ-Backed ASTER Token in a Week

Crypto Whale Makes $1.1M Profit on CZ-Backed ASTER Token in a Week

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Whale investor and Binance founder CZ boost ASTER token’s momentum with multimillion-dollar purchases, signaling renewed confidence despite market volatility.

A significant player in the cryptocurrency market, known by the wallet tag ‘ThisWillMakeYouLoveAgain’, has made a bold move into ASTER. This token is the native asset of Aster, a decentralized exchange (DEX) that has the backing of Changpeng “CZ” Zhao, the well-known founder of Binance. This whale’s big investment has borne prosperous fruits within a short time, exhibiting a great improvement in a short time.

ASTER’s Market Performance and CZ’s Investment

According to Lookonchain, a website that focuses on monitoring the activities on the blockchain, this particular investor obtained a hefty 8.41 million ASTER tokens. This enormous purchase was made in just one week.

The total sum the whale spent for these tokens came down to around $8.14 million with an average buying price of $0.97 per token. Impressively, this large position has already earned an unrealized profit of $1.1 million for the investor.

Related Reading: ASTER News: Binance Founder CZ Buys More Aster Token, Recalls Past Crypto Losses | Live Bitcoin News

The present market price of the Aster (ASTER) token cryptocurrency is around $1.14 USD. The price of the token has experienced some active movements in recent times. It was a 4.5% rise within the last 24 hours. However, taking a look at the longer term, the price fell by 13.5% in the last month, which showcases the volatile nature that can be associated with cryptocurrency markets.

According to CoinMarketCap, ASTER token’s current price is around $1.14 USD. The 24-hour trading volume has been very high, over $700 million USD. The token has a market cap of more than $2.3 billion USD, and the current circulating supply is about 2 billion ASTER. Historically, the highest price of ASTER was observed at about $2.41 USD all-time.

Crypto Community Sees Renewed Interest in ASTER Token After CZ Move

Adding to all the hype about ASTER, Binance’s founder Changpeng “CZ” Zhao himself recently acquired some of these tokens. This investment by CZ came after a time when prices experienced rapid fluctuations for the asset.

Interestingly enough, CZ even joked that he may be an “unlucky charm” for the crypto market, where he seemed to have failed multiple investments in the past. Despite his self-deprecating tone, he also gave a serious warning about the inherent risks the cryptocurrency market involves.

CZ made his acquisition public with a social media post on November 2nd, 2025. He explained that he bought some 2.09 million ASTER shares with personal funds. He also stressed his long-term investment strategy, emphasizing a buy-and-hold strategy. His initial announcement on its own was significant enough to create a notable reaction and stir in the market.

This recent increased activity with whales and CZ’s personal investment point to a very positive and growing interest in ASTER. It implies that important influential players in the crypto space see a lot of potential in the token. This is true even when you take into account the fact that it has historically experienced price volatility and CZ has made cautionary statements about the risks in the market, which suggests a calculated belief in the future of ASTER.

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