Crypto Trader Profits Over $100 Million After Binance Co-founder’s Tweet

An on-chain trader, known online as the ‘Anti-CZ Whale,’ capitalized on the decline of cryptocurrency project Aster following a tweet from Binance CEO Changpeng Zhao. The trader shorted Aster’s price, resulting in an estimated profit of nearly $100 million after the token lost 14% in value. The trade followed a seemingly self-deprecating remark by CZ regarding his timing in buying and selling cryptocurrency assets.