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

The Aster value surged 10% during the last 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, recognized by his nickname CZ, made a shock announcement on social media.

“Full disclosure,” he mentioned. ”I simply purchased some Aster as we speak, 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 considered one 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 as we speak, 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, that means there have been virtually twice as many lengthy positions as shorts.

However Two Whales Quick ASTER

Nevertheless, not all merchants agreed with the hype. Two whales stepped in and opened massive shorts on Hyperliquid, a prime crypto alternate. 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 turned the main focus for each bullish and bearish merchants. Whereas the worth soared after CZ’s purchase, these whale quick positions induced warning and hypothesis concerning 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, that means if ASTER climbs a lot larger, 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 quick delisting of ASTER on DefiLlama after questions on quantity reporting, however optimism returned as extra analysts coated the surge. Regardless of enormous quick bets, Binance customers principally stayed net-long, hoping for additional good points.​

Aster Technical Evaluation

Wanting 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 current excessive. Assist is discovered at $1.05, and the following decrease zone is close to $0.85.

ASTERUSDT Evaluation Supply: Tradingview

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

Relative Power Index (RSI) stands at 44, that means ASTER is neither overbought nor oversold. Patrons have some room to push larger earlier than hitting exhaustion. The MACD (Transferring Common Convergence Divergence) has turned barely detrimental, which might 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 appeal to new patrons.

The Chaikin Cash Stream (CMF) indicator is constructive at 0.22, suggesting cash remains 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, escape in the direction of $1.28 and past.

If sellers take over, the worth might retest assist at $1.05 and presumably 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 means of the $1.25 resistance, new highs might come shortly. If it falls, decrease helps might set off recent shopping for curiosity or extra aggressive whale shorts. For now, the coin value story is all about which aspect blinks first.

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