Major Whale Invests Over $8 Million in ASTER, Reaps Quick Gains

A prominent crypto whale has invested $8.14 million in ASTER, the native token of Aster DEX, and gained $1.1 million within days. This investment coincided with a surge following Binance's Changpeng Zhao’s announcement of his own ASTER purchase.

Key Takeaways

A whale known as ‘ThisWillMakeYouLoveAgain’ invested $8.14 million in ASTER tokens.
The whale’s strategy already earned an unrealized gain of $1.1 million.
Changpeng Zhao's purchase of ASTER contributed to a significant price spike.
Aster DEX has quickly gained popularity since its launch on September 17, 2025.

A crypto whale, identified by the wallet tag ‘ThisWillMakeYouLoveAgain,’ has made a significant investment in ASTER, the token associated with the CZ-supported decentralized exchange, Aster DEX. According to the analytics platform Lookonchain, this investor acquired approximately 8.41 million ASTER tokens over a week, spending about $8.14 million at an average price of $0.97 per token. Impressively, the whale has already realized an unrealized gain of $1.1 million on this investment.

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Past Achievements of the Whale

This whale previously secured a remarkable profit of over $36.21 million from trading the PEPE memecoin. His last significant transaction took place on November 4, when he deposited 4.21 million USDT into Aster DEX. He subsequently used these funds to purchase 4.6 million ASTER tokens for $0.915 each, showcasing his skill in identifying profitable trading opportunities early on.

CZ's Influence Amplifies Market Activity

The surge in whale activity came shortly after Changpeng Zhao, CEO of Binance, publicly announced his own purchase of $2 million worth of ASTER. Zhao's statement on the social media platform X sparked excitement in the market, causing ASTER's price to soar by over 30%, briefly reaching a peak of $1.20. However, the excitement was short-lived, and the price adjusted to $0.8388 before finding some support and stabilizing.

As of now, ASTER is trading at $1.14, indicating a 3.33% rise in the last 24 hours and an 11% increase over the past week. The token’s market capitalization has risen to $2.31 billion, placing it among the top cryptocurrencies in the world at 44th.

Following the market reactions to his investment, Zhao decided to refrain from sharing details about his personal trades to avoid inadvertently influencing market dynamics.

Growth of ASTER Since Its Inception

Launched on September 17, 2025, Aster DEX has quickly become one of the most discussed decentralized trading platforms in the cryptocurrency space. The ASTER token debuted at a price of just $0.02 during its token generation event (TGE). The backing from CZ propelled the token, helping it achieve an all-time high of $2.42 within a week of launch, representing an incredible 10,000% increase from its initial offering price.

Disclaimer: This article is for informational purposes only and should not be considered financial advice. The opinions expressed herein reflect the author's views and do not necessarily represent those of The Crypto Basic. Readers are encouraged to conduct their own research before making any investment decisions. The Crypto Basic holds no responsibility for any financial losses incurred.