Whale Locks In $5.32M Profit After ASTER Transfer to Binance

A whale bought $9.14M in ASTER and secured a major profit as top wallets increased holdings, while Aster’s Rocket Launch.
Senior Editor

Key Points

A crypto whale bought 8.06M ASTER worth $9.14M and later deposited 5.34M tokens on Binance, securing a $5.32M profit.
Whale holdings rose as the top 100 wallets added 11.7M ASTER in late October.
Aster’s Rocket Launch campaign and strong backing from CZ are boosting engagement.

A major ASTER whale has drawn market attention after securing a $5.32 million profit through a strategic token move. On-chain data shows that the investor deposited 5.34 million ASTER, worth $5.64 million, into Binance, locking in significant gains.

The wallet initially withdrew 4.63 million ASTER from MEXC six months ago, equivalent to $283,200, and then spent $50,212 to acquire an additional $704,900 worth of ASTER before converting its holdings on the Aster DEX. At its peak valuation, the whale’s holdings were worth $10.8 million. A complete exit at that price would have generated $10.47 million in profits. 

Nonetheless, whales are still buying ASTER. Another crypto whale recently accumulated 8.06 million ASTER tokens, valued at $9.14 million, at an average price of $1.13, according to Onchain Lens. Blockchain intelligence platforms reported that the top 100 ASTER wallets added approximately 11.7 million tokens in late October, lifting their collective balance to nearly 7.82 billion tokens.

Community Sentiment Stabilizes 

Aster’s recent controversy over trading volume data challenged investor confidence. In early October, DeFiLlama removed Aster from its platform after spotting mirrored perpetual futures volume patterns between Aster and Binance. The mirrored data raised concerns over reporting accuracy and market integrity. 

Market sentiment has since improved. Supportive commentary from industry figures has also influenced perceptions, in addition to increased whale exposure. Analyst Jake stated on X that he has not sold any ASTER and expects the token to rank among the top twenty assets in the current market cycle and enter the top ten in the next. 

He also projected that Aster would become the leading perpetual DEX globally, citing backing from Binance founder Changpeng Zhao (CZ) and YZILabs as key factors. CZ has publicly highlighted Aster’s hybrid DEX infrastructure and liquidity routing model across several posts since its September launch. 

Rocket Launch Campaign Sparks User Participation

Aster’s recently launched Rocket Launch campaign introduced new incentives designed to attract active users. The campaign enables traders to gain exposure to early-stage crypto projects ahead of exchange listings.

Each Rocket Launch event involves a reward pool funded by both ASTER tokens and the participating project’s native assets. Aster performs buybacks using project contributions before merging the tokens into a pool, which is then distributed to eligible users. 

Participants qualify by meeting trading requirements, which include maintaining the required ASTER balance across Spot and Perpetual accounts and reaching the specified trading volume on supported pairs. The team confirmed a $200,000 ASTER reward pool for upcoming winners.

Disclaimer: CoinRemark is an independent digital magazine focused on delivering timely news, analysis, and opinion about the cryptocurrency and blockchain industry. While CoinRemark may collaborate with partners or feature sponsored content, our editorial team maintains full independence in reporting and analysis. Any sponsored articles or press releases will always be clearly labeled as such.

© 2025 CoinRemark. All Rights Reserved. The content provided is for informational purposes only and should not be construed as legal, tax, investment, financial, or professional advice. Readers are encouraged to conduct their own research before making any decisions related to cryptocurrency or digital assets.

Evans Kelvin

See profile

Fear & Greed Index

Extreme Fear Fear Neutral Greed Extreme Greed
13/100
Extreme Fear

Loading...

ASTER
$---.-- --.--%
Market Cap $---.--B
24h Volume $---.--B
Circulating Supply ---.--M
Rank #---
Risk Score ---
7d Change --.--%

Loading cryptocurrency information...

Fear & Greed Index

Extreme Fear Fear Neutral Greed Extreme Greed
13/100
Extreme Fear

Loading...

ASTER
$---.-- --.--%
Market Cap $---.--B
24h Volume $---.--B
Circulating Supply ---.--M
Rank #---
Risk Score ---
7d Change --.--%

Loading cryptocurrency information...