CZ’s $2M ASTER Buy Sparks Market Frenzy – What’s His Next Power Play?

Binance’s ex-CEO drops $2 million on ASTER—and the market reacts instantly. Is this a strategic accumulation or just another rich-guy flex?
Behind the surge: Whale moves still move markets. Retail traders pile in, hoping to front-run the next big play. Classic crypto.
The cynical take? Another 'vote of confidence' that conveniently ignores how centralized influence remains in this 'decentralized' ecosystem. Stay tuned—or just follow CZ’s wallet.
TLDR
- A crypto whale invested $8.14 million in ASTER tokens, acquiring 8.41 million tokens in one week.
- The whale’s position is already showing an unrealized profit of $1.1 million.
- The whale made a significant purchase of 4.6 million ASTER tokens using 4.21 million USDT on November 4.
- Binance CEO Changpeng Zhao announced a $2 million purchase of ASTER, causing a 30% price surge.
- After the surge, ASTER’s price corrected but has since recovered, gaining 11% in the past week.
A prominent crypto whale, identified by the wallet tag ‘ThisWillMakeYouLoveAgain’, has made a massive investment in ASTER, the native token of Aster DEX. According to Lookonchain, the investor purchased 8.41 million ASTER tokens in just a week. The whale spent approximately $8.14 million, averaging $0.97 per token.
Whale’s Large-Scale Purchase and Profit
The whale’s recent acquisition of 8.41 million ASTER tokens occurred over a span of several days. Lookonchain confirmed that the investor has already gained around $1.1 million in unrealized profit. This purchasing spree reflects a clear interest in the ASTER token, which has been gaining attention in the market.
This $36M+ profit Pepe whale "ThisWillMakeYouLoveAgain" keeps buying $ASTER.
Since Nov 4, he has bought 8.41M $ASTER($8.14M) at $0.97 avg and currently sitting on an unrealized profit of $1.1M.https://t.co/ojMTiObP6O pic.twitter.com/fQfaKtFJ0n
— Lookonchain (@lookonchain) November 12, 2025
The whale’s largest transaction took place on November 4, when 4.21 million USDT were deposited into Aster DEX. These funds were then used to buy 4.6 million ASTER at $0.915 per token, further solidifying the whale’s position. The strategic MOVE shows the investor’s confidence in the token’s future performance.
CZ’s $2 Million ASTER Purchase Sparks Price Surge
In a related development, former Binance CEO Changpeng Zhao (CZ) disclosed his purchase of $2 million worth of ASTER tokens. His announcement quickly caused a 30% price increase, pushing ASTER to a high of $1.20. This surge was short-lived, with the price correcting back to $0.8388 before recovering to its current level of $1.14.
The price volatility following CZ’s disclosure has attracted widespread attention. The rapid rise and fall in price reflected the intense market reaction to the news. Despite the fluctuations, ASTER has shown growth over the past week, gaining 11% in value.
Aster DEX, launched on September 17, 2025, has quickly made its mark in the decentralized trading space. With CZ’s backing and the high-profile whale investment, the platform has gained significant visibility. ASTER, as the native token of the DEX, has seen a steady increase in market capitalization, now standing at $2.31 billion.
The token’s price surge from $0.02 at its launch to its peak of $2.42 representing a remarkable rise in value. The rapid growth of ASTER underscores the increasing interest in decentralized perpetual trading platforms. With strong backing from figures like CZ, the future of Aster DEX looks promising.
In conclusion, ASTER continues to attract investors, with both whales and industry leaders showing confidence in its potential. The combination of strategic investments and high-profile endorsements has made the token one of the most talked-about assets in the crypto space.