Aster Price Plunges 20% As Anti-CZ Whale Makes $100M Profit

The Aster price plunged more than 20%, giving an anti-CZ whale who shorted the token about $19 million in unrealized profits as the trader targets XRP, Dogecoin, Ethereum, and Pepe.

The whale added to its Aster shorts soon after Binance co-founder Changpeng Zhao, aka CZ, disclosed buying over 2 million tokens on Nov. 2.

That contrarian bet alone has yielded roughly $19 million in profit, while the trader’s total unrealized gains across all short positions are now nearing $100 million, according to Lookonchain and Hyperdash.

Full disclosure. I just bought some Aster today, using my own money, on @Binance.

I am not a trader. I buy and hold. pic.twitter.com/wvmBwaXbKD

— CZ 🔶 BNB (@cz_binance) November 2, 2025

The broader crypto market is down about 3% in the past 24 hours as of 3:24 a.m. EST, deepening losses across major altcoins, according to CoinMarketCap. DOGE dropped 6%, PEPE 10%, ETH 6% and XRP 6.5% as selling pressure builds.

Data from Hyperdash shows the whale is sitting on an unrealized profit of more than $19 million across two wallets on its ASTER shorts, slightly down from the more than $21 million that Lookonchain had reported in an earlier X post. 

Whale Opens Shorts On DOGE, ETH, XRP And PEPE

With technicals flashing bearish for ASTER, the anti-CZ whale has also started targeting other cryptos and currently has opened shorts on DOGE, ETH, XRP and PEPE. 

The trader is sitting on unrealized profits of over $6.9 million on its DOGE short, over $2.65 million on its ETH short, and more than $1 million and $5 million on its XRP and PEPE shorts, respectively. 

Anti-CZ Whale’s open positions for one wallet (Source: Hyperdash)

Meanwhile, the whale is also sitting on an unrealized profit of over $4.2 million on a short position it executed on DOGE with its other wallet. 

As a result of the trades and the recent market movements, the trader’s collective profit is close to $100 million. 

ASTER Could Still Drop Some More

ASTER’s 24-hour correction has flipped the altcoin’s performance over the past week into the red. What looked to be a breather from the bearish trend ASTER had been in over the past month appears to have been a failed bullish attempt due to the broader crypto market correction.

As such, ASTER is down more than 59% over the past month as well.

Looking at technical indicators on the altcoin’s daily chart, ASTER’s price remains at risk. 

Daily chart for ASTER/USD (Source: GeckoTerminal)

From a momentum perspective, bears seem to have the upper hand over bulls, as suggested by the 9 Exponential Moving Average (EMA) that is positioned below the longer 20 EMA. 

While the gap between those two EMAs starts to grow, a major bearish technical flag is on the verge of being triggered by the Moving Average Convergence Divergence (MACD) indicator.

In the past 24 hours, the MACD line has dropped towards the MACD Signal line. The prior crossing below the latter could be a continuation signal for the bearish trend. 

Meanwhile, the Relative Strength Index (RSI) stands at around 40, which indicates that sellers have an upper hand over buyers at the moment.

With the negative slope of the RSI line, it appears sellers have no intention of easing their pressure on the ASTER price any time soon either.

They could continue to force the price down until the RSI reaches close to 30.

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