Aster Surges 20% After CZ Buy, But Whale Bets On Decline

Cryptocurrency token ASTER experienced a significant price surge following Binance founder Changpeng Zhao’s (CZ) personal purchase of the asset. While CZ stated he plans to hold long-term, his investment did not go unnoticed by market participants, triggering an increase in price by over 20%. However, a large whale has opened a substantial short position on ASTER worth $49.17 million via Hyperliquid, contrasting the bullish retail sentiment.