Aster Jumps 10% After CZ Buys 2M Tokens, But Whales Go Short

The Aster value surged 10% over the past 24 hours to commerce at $1.25 as of 4 a.m. EST on buying and selling quantity that exploded 1,190% to $2.6 billion.

The ASTER value jumped sharply after Binance co-founder Changpeng Zhao, identified by his nickname CZ, made a shock announcement on social media.

“Full disclosure,” he mentioned. ”I simply purchased some Aster right this moment, utilizing my very own cash, on Binance. I’m not a dealer. I purchase and maintain.”

This remark introduced enormous consideration to ASTER, with many seeing it as an enormous vote of confidence from one in every of crypto’s largest names.​

The value surged 27% as merchants rushed to purchase. Shortly earlier than the spike, the worth was drifting close to $0.91, after which went parabolic to a peak of $1.26 in only a few hours.

Full disclosure. I simply purchased some Aster right this moment, utilizing my very own cash, on @Binance.

I’m not a dealer. I purchase and maintain. pic.twitter.com/wvmBwaXbKD

— CZ 🔶 BNB (@cz_binance) November 2, 2025

The rally was not simply from retail patrons, and derivatives buying and selling soared. ASTER’s open curiosity jumped 70%, reaching greater than $781 million. Most Binance merchants stayed bullish, with ASTER’s long-to-short ratio at 1.9, which means there have been virtually twice as many lengthy positions as shorts.

However Two Whales Brief ASTER

Nevertheless, not all merchants agreed with the hype. Two whales stepped in and opened massive shorts on Hyperliquid, a high crypto trade. One whale positioned $49.17 million in shorts, utilizing 3x leverage. The second added an $18.45 million quick place, bringing their mixed positions betting ASTER will fall to $71 million.​

JUST IN: Hyperliquid whale opens $ASTER 3x quick place valued at $49.17 million, shortly after CZ publicly reveals on X he had bought the token.

0x9eec98d048d06d9cd75318fffa3f3960e081daab pic.twitter.com/EJnXLnkzmE

— Whale Insider (@WhaleInsider) November 2, 2025

Aster Worth Faces Whale Shorts, Hypothesis Grows

The Aster value shortly grew to become the main focus for each bullish and bearish merchants. Whereas the worth soared after CZ’s purchase, these whale quick positions precipitated warning and hypothesis in regards to the subsequent transfer. The most important quick was opened at $1.18, then grew to greater than $52 million because the whale stored including.

The liquidation value for this place was $2.09, which means if ASTER climbs a lot increased, the whale might lose every little thing. Merchants at the moment are carefully watching to see who will win: Binance retail bulls or the whales betting towards them.​

On-chain information confirmed an enormous rise in ASTER quantity, with greater than $3 billion traded as whales and smaller merchants battled for management.

The eye additionally triggered a short delisting of ASTER on DefiLlama after questions on quantity reporting, however optimism returned as extra analysts lined the surge. Regardless of enormous quick bets, Binance customers largely stayed net-long, hoping for additional features.​

Aster Technical Evaluation

Trying on the ASTERUSDT value chart, the coin value sits close to $1.05 after the large bounce. Resistance is now marked at $1.25, which was the latest excessive. Assist is discovered at $1.05, and the subsequent decrease zone is close to $0.85.

ASTERUSDT Evaluation Supply: Tradingview

The short-term motion reveals the worth holding simply above each the 50-hour and 200-hour easy shifting averages, at $1.036 and $1.048, which provides further assist for patrons. With the worth simply above these key strains, momentum is impartial however leaning bullish.​

Relative Power Index (RSI) stands at 44, which means ASTER is neither overbought nor oversold. Patrons have some room to push increased earlier than hitting exhaustion. The MACD (Transferring Common Convergence Divergence) has turned barely unfavorable, which may sign weak momentum or a brief pullback, matching the whale quick bets.

Nevertheless, with quantity excessive and value above long-term assist, any dip might entice new patrons.

The Chaikin Cash Circulation (CMF) indicator is constructive at 0.22, suggesting cash continues to be flowing into ASTER, serving to value stability. If momentum returns with excessive quantity, ASTER might retest resistance at $1.25 and, with sufficient shopping for, get away in the direction of $1.28 and past.

If sellers take over, the worth might retest assist at $1.05 and probably decrease, to $0.85. However so long as ASTER holds above its shifting averages, bullish momentum has an opportunity.

With CZ’s buy-and-hold message, many merchants stay optimistic for the coin value, believing that the rally might proceed if extra patrons step in. On the identical time, whales are betting huge on a reversal. This tug-of-war has set the stage for prime volatility within the coming days.​​

If ASTER smashes by the $1.25 resistance, new highs might come shortly. If it falls, decrease helps might set off contemporary shopping for curiosity or extra aggressive whale shorts. For now, the coin value story is all about which aspect blinks first.

Associated Articles:

Greatest Pockets – Diversify Your Crypto Portfolio

Simple to Use, Function-Pushed Crypto Pockets
Get Early Entry to Upcoming Token ICOs
Multi-Chain, Multi-Pockets, Non-Custodial
Now On App Retailer, Google Play
Stake To Earn Native Token $BEST
250,000+ Month-to-month Energetic Customers