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 immediately, utilizing my very own cash, on Binance. I’m not a dealer. I purchase and maintain.”

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

The worth 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 immediately, 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 high crypto change. 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 Value Faces Whale Shorts, Hypothesis Grows

The Aster value rapidly turned the main focus for each bullish and bearish merchants. Whereas the worth soared after CZ’s purchase, these whale quick positions brought on warning and hypothesis in regards to the subsequent transfer. The largest quick was opened at $1.18, then grew to greater than $52 million because the whale saved including.

The liquidation value for this place was $2.09, that means if ASTER climbs a lot larger, the whale may lose all the pieces. Merchants are actually intently watching to see who will win: Binance retail bulls or the whales betting in opposition to them.​

On-chain knowledge confirmed a large 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 lined the surge. Regardless of large quick bets, Binance customers largely stayed net-long, hoping for additional positive aspects.​

Aster Technical Evaluation

Wanting on the ASTERUSDT value chart, the coin value sits close to $1.05 after the huge bounce. Resistance is now marked at $1.25, which was the latest excessive. Help is discovered at $1.05, and the following 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 transferring 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, 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 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 may entice new patrons.

The Chaikin Cash Movement (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 may retest resistance at $1.25 and, with sufficient shopping for, get away in direction of $1.28 and past.

If sellers take over, the worth may retest assist at $1.05 and probably decrease, to $0.85. However so long as ASTER holds above its transferring 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 may 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 could come rapidly. If it falls, decrease helps may set off contemporary 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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