Aster Jumps 30% After CZ Discloses $2.5 Million Holdings

Aster jumped 30% after CZ revealed a $2.5 million personal holding, igniting a $2 billion trading frenzy and marking his first public token purchase outside BNB.

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Posted November 3, 2025 at 8:55 am EST.

Aster surged 30% Sunday after Binance co-founder Changpeng Zhao disclosed holding over $2.5 million in the token. It spiked from $0.91 to $1.26 before settling at $1.22.

CZ posted a wallet screenshot on X, stating he purchased Aster with personal funds on Binance and prefers buying and holding over trading. The announcement sparked a trading volume explosion from $224 million to $2 billion within 24 hours, according to DefiLlama. Market capitalization expanded from $1.8 billion to $2.5 billion. A trader called Gold noted this marked CZ’s first public token purchase announcement beyond BNB.

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Following the rally, CZ remarked he hoped to acquire more at lower prices, revealing he rarely purchases tokens aside from Aster and BNB, bought eight years prior.

Analytics firm Lookonchain reported that two whales took opposing short positions: one bet against 42.97 million tokens worth $52.8 million at a $2 liquidation price, the other shorted 15.3 million tokens worth $19.1 million at a $2.11 threshold. CZ’s family office, YZi Labs, previously backed Aster’s predecessor, Astherus, which merged with APX Finance in 2024.