A whale has turned a $300,000 investment in Aster (ASTER) into a $7 million profit, according to on-chain data. The token's surge coincides with its perpetual trading volume hitting a new high of $35.86 billion in 24 hours, surpassing its competitor Hyperliquid.
Blockchain analytics platform Lookonchain reported that a pseudonymous user, Unipcs, withdrew 3.24 million ASTER from Gateio, clarifying the trade was opened a week ago at an average price of $0.0922. Elsewhere, whale 0x5bd cashed out 1.56 million ASTER worth $3.57 million but still holds 8.26 million tokens valued at about $19 million.
In the past 24 hours, whales have accumulated over $48 million worth of ASTER, including a mystery whale purchasing 24 million tokens for $46.56 million. The rally has been fueled by public endorsements from former Binance CEO Changpeng Zhao (CZ), who stated on X, "Well done! Good start. Keep building!"
ASTER has climbed more than 270% in the past week and over 1,500% since its token generation event in September 2025. Its total value locked (TVL) surged to $2.09 billion, a 233% increase from Friday, while open interest exploded from $3.72 million to $1.24 billion, indicating heightened market activity. The project, backed by CZ's YZi Labs, has also surpassed Hyperliquid in 24-hour revenue, posting $7.12 million versus $2.79 million.