Overview
- Changpeng Zhao said he personally bought ASTER with his own funds, with outlets citing purchases of roughly 2.09 million tokens totaling about $2–$2.5 million and a follow-up buy on November 4 near $0.80.
- ASTER spiked from roughly $0.91 to above $1.20 after the first disclosure, then retraced to lows near $0.83 before rebounding to hold around the $1 level during the latest session.
- Reported activity remains elevated, with DeFiLlama data showing more than $70 billion in seven-day volume and over $306 billion in 30-day volume, while derivatives open interest rose to about $567 million.
- Large whale positions and notable short interest have added to whipsaw moves, as traders weigh fragile liquidity against renewed attention tied to CZ’s public stake.
- CZ reiterated a buy-and-hold stance and warned about his history of mistimed entries, while chart watchers highlight upside scenarios toward $2 to $2.80 if key supports continue to hold.