thecryptobasic.com
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.
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.