Whale Turns $300K Into $7M Profit on ASTER

A whale has turned a $300,000 investment in Aster (ASTER) into a $7 million profit, according to on-chain ￰0￱ token’s surge in value coincides with Aster’s perpetual trading volume hitting a new high of $35.86 billion in 24 hours, surpassing its rival, ￰1￱ Cash Out on ASTER Blockchain analytics platform Lookonchain was the first to report the transaction via X, noting that a pseudonymous user, Unipcs, had withdrawn a total of 3.24 million ASTER from ￰2￱ whale later shared an update breaking down the trade, saying they had purchased 3,245,933.37 ASTER tokens for $299,166.79 at an average price of $0.0922 per coin, a position now worth over $7.1 million at current ￰3￱ explained that the transfer was mainly to consolidate tokens into a public wallet and clarified, “So to those who have been messaging to say, ‘welcome to the ASTER trade’: I opened the trade a week ago!” Elsewhere, whale 0x5bd cashed out 1.56 million ASTER, amounting to approximately $3.57 million from ￰4￱ investor had accumulated 6.718 million coins at an average entry price of around $1.98 and continues to hold 8.26 million tokens valued at about $19 ￰5￱ holders have gone on an ASTER buying spree over the past 24 hours, with CryptoPotato reporting that whales scooped up more than $48 million worth of the token across multiple purchases.

Meanwhile, ASTER’s rally shows no signs of slowing, with the token climbing more than 270% in the past ￰6￱ momentum has been driven by support from YZi Labs and public endorsements from CZ. Aster’s Daily Volume Surpasses Hyperliquid’s Aster is slowly starting to gain ground over Hyperliquid, its largest ￰7￱ from DefiLlama also shows that it led in daily perpetual trading volumes, reaching $35.86 billion in the past 24 ￰8￱ the other hand, Hyperliquid reported about $10 billion in the same ￰9￱ project has also recorded a notable rise in open interest in less than a ￰10￱ data shows that the metric climbed from $3.72 million on Friday to $1.24 billion at the time of writing, an increase of nearly 33,200%.

Open interest is the total number of contracts that remain unsettled and is often used as a measure of liquidity and market ￰11￱ rise suggests traders are committing more capital to Aster. Additionally, its total value locked (TVL) has climbed to $2.09 billion, marking a 233% increase from $625 million recorded on Friday.