Overview
- CZ said he bought roughly 2.09 million ASTER on Binance with his own funds, describing it as a buy‑and‑hold move rather than a trade.
- Following the disclosure, ASTER spiked from about $0.91 to as high as $1.26, with 24‑hour trading volume swelling to more than $2 billion.
- Derivatives open interest climbed roughly 42%–45% to around $640 million–$647 million, signaling a rapid build‑up of leveraged bets.
- On‑chain trackers reported two sizable short positions valued near $52.8 million and $19.1 million, with subsequent profits totaling about $7 million for two whale addresses.
- Prices quickly retraced toward the $1.05–$1.08 area, a volatile swing that follows prior questions about ASTER’s reported volumes and data verification raised earlier by DeFiLlama.