A special pardon and it's an advocate! CZ actively buys in, causing Aster to pump over 30%: I will hold it once I buy.

Binance founder Zhao Changpeng (CZ) publicly shared his Holdings screenshot on X last night, showing that he purchased over 2 million Aster with his own funds, worth about 1.8 million USD at that time (. This led to Aster's short-term big pump of over 30%. However, the Whale chose to take the opposite position to shorting, and the market is on the verge of a range-bound situation.

CZ personally pumped, buying 1.8 million USD Aster

CZ posted a screenshot of the exchange on X last night and stated: “I bought some Aster on Binance today with my own money. I'm not a trader, I buy and hold.” The image shows that he holds about 2.09 million Aster tokens, worth approximately 1.8 million USD at the time.

This move has caused a sensation in the market, with Aster's price rising from $0.91 to $1.26 within an hour, an increase of over 33%, and it has now fallen back to around $1.05.

He then added, “I originally wanted to buy a little more at a low price, but it pumped too fast.” He also revealed that he had only held BTC and BNB for the past 8 years. Now Aster has also been included in his investment portfolio.

DefiLlama data shows that Aster's 24-hour trading volume soared from 224 million USD to over 2 billion USD, with its market cap rising from 1.8 billion USD to 2.5 billion USD.

Betting with CZ: Whale increases Aster shorting to ten million dollars

However, the market is not entirely bullish. According to Lookonchain data, at least two Whales have established or even added to large Aster shorting positions on Hyperliquid.

One trader established a shorting position worth $45.34 million, with a liquidation price of $2.17, currently floating a profit of $6.63 million. Another increased their position to $16 million, with a liquidation price of $2.16, currently floating a profit of $1.75 million.

This shows that the Whales still have doubts about the sustainability of CZ personally placing orders.

)OKX CEO highlights the rise of Hyperliquid and Aster, warning that regulatory risks remain unresolved(

Will CZ's influence continue? Can it spread speculation about BNB Chain?

Trader @trading_axe believes that CZ's intervention this time is to prevent the market from gloating over the sluggish price of Aster coin.

He warned that if this wave of CZ's calls cannot be sustained and the price falls below the initial announced cost price of 0.9, it will weaken his influence, and buyers will regard that price point as a psychological bottom.

He also hinted: “If CZ is willing to personally mention Aster, there must be more plans behind it, possibly related to the next layout of the entire BSC ecosystem.”

Market observer @_FORAB has also listed potential tokens of interest such as $BNB, $CAKE, $LISTA, ).

The vague yet well-known connection between CZ and Aster.

In September of this year, CZ congratulated Aster on its successful launch on X, encouraging the team to keep building, which sparked speculation from the outside. At the same time, his family office YZi Labs had also invested in Aster's predecessor, Astherus.

Aster itself is formed by the merger of Astherus and the decentralized perpetual contract platform APX Finance, officially debuting at the end of 2024.

Now that CZ is personally making calls, accompanied by this card that raises regulatory manipulation concerns, Aster has the fortune of temporarily becoming the market's focus, and it has also become his trial run to return to the crypto stage. However, whether the excitement can continue or spread still depends on whether the market buys in.

$FORM Money into the White House: Trump grants a special pardon to CZ, behind which he spent millions lobbying Trump and the former SEC chair candidate (.

This article is a special pardon that calls for orders! CZ demonstrates by buying in, causing Aster to soar over 30%: I will hold it once I buy. Originally appeared in Chain News ABMedia.