Whales Scoop Up Over  $48M in ASTER Within 24 Hours

Whales have been steadily accumulating Aster (ASTER), with large holders purchasing more than $48 million worth of the token in just the past 24 ￰0￱ project has also gained backing from prominent figures in the crypto space, including former Binance CEO Changpeng Zhao (CZ). Whales and Experts Are Stacking Up ASTER On-chain analytics platform Lookonchain shared via X that a mystery whale purchased 24 million ASTER valued at about $46.56 ￰1￱ 0xFB3B deposited 73.95 million USDT to Gateio before later withdrawing the ￰2￱ major holder, 0x5e30, spent 1,090 BNB ($1.11 million) to acquire 549,194 tokens at roughly $2.02 in a single ￰3￱ same day, 0x8bcd invested 1.188 million USDT to secure 595,580 units priced at $1.995 ￰4￱ seasoned traders are joining the trend, with James Wynn earning $8,032.5 in referral rewards while taking a long position on ASTER and shorting HYPE.

Aster, a decentralized exchange that offers spot and perpetuals trading, has quickly become one of the most talked-about projects in the DeFi ￰5￱ its token generation event (TGE) in September 2025, the cryptocurrency has increased in value by more than 1,500%. CoinGecko data shows that its price remains up by over 240% in the past month and 22% in the last 24 hours at the time of ￰6￱ Boost Sends ASTER Soaring, Surpassing Hyperliquid in Revenue A major turning point in ASTER’s price trajectory came after Binance founder CZ publicly congratulated the project on X, saying , “Well done! Good ￰7￱ building!” The endorsement from one of crypto’s most influential figures sparked a wave of buying that sent the token ￰8￱ reaction from the community was immediate, with some speculating that Zhao could be involved behind the scenes as part of a strategic response to Hyperliquid’s growing presence in the perpetuals DEX ￰9￱ X users also theorized that Aster was his reentry into high-profile crypto ￰10￱ rumors grew stronger after its token debut, pushing its total value locked (TVL) to nearly $2 billion, before settling at about $655 ￰11￱ Hyperliquid competitor is backed by YZi Labs, a venture capital firm founded by CZ, formerly known as Binance Labs.

A BNB Chain representative has since confirmed that it received investment and support through their incubation program. Meanwhile, as of September 24, Aster has surpassed Hyperliquid in 24-hour revenue, posting $7.12 million compared to its counterpart’s $2.79 million.