Aster price rose 10% over the past 24 hours, trading at $1.25 as of 4 a.m. EST, as trading volume exploded 1,190% to $2.6 billion.
The ASTER price rose sharply after Binance co-founder Changpeng Zhao, known by his nickname CZ, made a surprise announcement on social media.
“Full disclosure,” he said. “I bought some Aster on Binance today with my own money. I’m not a trader. I buy and hold.”
This comment brought major attention to ASTER, with many seeing it as a huge vote of confidence from one of crypto’s biggest names.
The price rose 27% as traders rushed to buy. Shortly before the peak, the price hovered around $0.91, before rising parabolically to a peak of $1.26 within a few hours.
Full disclosure. I bought some Aster today with my own money @Binance.
I am not a trader. I buy and hold. pic.twitter.com/wvmBwaXbKD
— CZ 🔶BNB (@cz_binance) November 2, 2025
The rally didn’t just come from retail buyers, and derivatives trading boomed. ASTER’s open interest rose 70% to reach more than $781 million. Most Binance traders remained bullish, with the long-to-short ratio of ASTER at 1.9, meaning there were almost twice as many long positions as shorts.
But two whales short ASTER
However, not all traders agreed with the hype. Two whales intervened and opened large shorts on Hyperliquid, a top crypto exchange. One whale placed $49.17 million in shorts, using 3x leverage. The second added a short position of $18.45 million, which will reduce their combined positions with ASTER betting to $71 million.
Just In: Hyperliquid Whale Opens $ASTER 3x short position worth $49.17 million shortly after CZ publicly revealed on
0x9eec98d048d06d9cd75318fffa3f3960e081daab pic.twitter.com/EJnXLnkzmE
— Whale Insider (@WhaleInsider) November 2, 2025
Aster Price faces whale discounts, speculation increases
The Aster price quickly became the focus for both bullish and bearish traders. While the price soared after the CZ purchase, these whale short positions created caution and speculation about the next move. The largest short position opened at $1.18 and then grew to over $52 million as the whale continued to add.
The liquidation price for this position was $2.09, which means if ASTER If it climbs much higher, the whale could lose everything. Traders are now keeping a close eye on who will win: Binance’s retail bulls or the whales betting against them
Data from the chain showed a massive increase in ASTER volume, with more than $3 billion traded as whales and smaller traders battled for control.
The attention also led to a brief takedown of ASTER on DefiLlama after questions about volume reporting, but optimism returned as more analysts eyed the rise. Despite huge short bets, Binance users mostly remained net long, hoping for further gains
Aster Technical Analysis
Looking at the ASTERUSDT price chart, the coin price is around $1.05 after the huge jump. Resistance is now marked on $1.25which was the recent high. Support is found at USD 1.05, and the next lower zone is near USD 0.85.
ASTERUSDT analysis source: Tradingview
The short-term action shows the price just above the 50- and 200-hour simple moving averages at $1,036 and $1,048, providing additional support for buyers. With the price just above these key lines, momentum is neutral but leaning bullish
The Relative Strength Index (RSI) stands at 44, which means that ASTER is neither overbought nor oversold. Buyers have some room to move higher before they become exhausted. The MACD (Moving Average Convergence Divergence) has turned slightly negative, which could indicate weak momentum or a short pullback, similar to the whale short bets.
However, because volume is high and price is above long-term support, any dip can attract new buyers.
The Chaikin Money Flow (CMF) indicator is positive at 0.22, indicating that money is still flowing into ASTER, which helps price stability. If momentum returns on high volume, ASTER could retest resistance at $1.25 and, with enough buying, break out towards $1.28 and higher.
If sellers take over, the price could retest the support at $1.05 and possibly lower to $0.85. But as long as ASTER remains above its moving averages, bullish momentum has a chance.
With CZ’s buy-and-hold message, many traders remain bullish on the coin’s price, believing the rally could continue if more buyers step in. At the same time, whales are betting big on a turnaround. This tug-of-war has set the stage for high volatility in the coming days
If ASTER breaks the $1.25 resistance, new highs could emerge quickly. If the price falls, lower supports could lead to new buying interest or more aggressive whale shorts. For now, the coin price story revolves around which side blinks first.
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