DEX token ASTER Jumps 20% After 2M Token Purchase From Pardoned Binance Founder CZ

Binance founder Changpeng Zhao (CZ) announced on X that he bought over $2 million DEX token ASTER, triggering speculative ￰2￱ posted on Sunday that he bought Aster protocol’s token using his own money on Binance. “I am not a trader. I buy and hold,” he ￰3￱ disclosure. I just bought some Aster today, using my own money, on @Binance .

I am not a trader. I buy and ￰4￱ — CZ BNB (@cz_binance) November 2, 2025 On-chain data show that ASTER’s wallet garnered large sums of USDT, becoming one of the largest on BNB Chain. Besides, Per LookOnChain, two whales increased their short positions in the asset. “Both whales shorting ASTER are currently in profit —0x9eec9 is up $5.9 million, while 0xbadb is up $1.4 million,” Lookonchain ￰5￱ whales shorting $ASTER are currently in profit — 0x9eec9 is up $5.9M, while 0xbadb is up $1.4M. ￰0￱ ￰1￱ ￰6￱ — Lookonchain (@lookonchain) November 3, 2025 Separately, a whale had pulled out $5.58 million worth of ASTER tokens from Binance, Onchain Lens reported .

“Over the past 6 days, it has withdrawn 6.8M $ASTER, worth $6.66M, from Binance,” it ￰7￱ Token Soars 20% Following Recent Crash Aster (ASTER) is one of the hottest Web 3.0 projects in the ￰8￱ offers on-chain spot and perpetual futures trading with 1001x leverage and hidden ￰9￱ DEX token saw a plunge by 11% last month , with Aster’s total value locked (TVL) dropping by nearly 25% since October ￰10￱ to research, the DEX’s near-instantaneous success is due to Changpeng Zhao’s ￰11￱ highly influential crypto billionaire tweeted “keep building,” posting an image of the Aster platform last ￰12￱ CZ’s recent purchase of the protocol’s native token, ASTER surged from $0.91 on Sunday to a peak of $1.26, per CoinMarketCap ￰13￱ the time of publication, the token was trading at $1.

CZ’s recent purchase comes weeks after US President Donald Trump granted him a pardon after months of efforts by Zhao to boost the Trump family’s crypto ￰14￱ pleaded guilty in November 2023 to failing to maintain an effective anti-money laundering program at Binance.