Aster

Daily

Hyperliquid

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 in value coincides with Aster’s perpetual trading volume hitting a new high of $35.86 billion in 24 hours, surpassing its rival, Hyperliquid.
<h2 id="whales-cash-out-on-aster">Whales Cash Out on ASTER</h2>
Blockchain analytics platform Lookonchain was the first to report the transaction via X, <a href="https://x.com/lookonchain/status/1970873209680789695" target="_blank" rel="noopener noreferrer nofollow">noting </a>that a pseudonymous user, Unipcs, had withdrawn a total of 3.24 million ASTER from Gateio. The whale later <a href="https://x.com/theunipcs/status/1970946184215761275" target="_blank" rel="noopener noreferrer nofollow">shared</a> an update breaking down the trade, saying they had purchased 3,245,933.37 ASTER tokens for $299,166.79 at an average price of $0.0922 per coin, a position now worth over $7.1 million at current prices.
They explained that the transfer was mainly to consolidate tokens into a public wallet and clarified, “So to those who have been messaging to say, ‘welcome to the ASTER trade’: I opened the trade a week ago!”
Elsewhere, whale 0x5bd <a href="https://x.com/OnchainDataNerd/status/1971042291734458488?t=GXbkagT00fdiD6tXcQAatA&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">cashed</a> out 1.56 million ASTER, amounting to approximately $3.57 million from Bybit. The investor had accumulated 6.718 million coins at an average entry price of around $1.98 and continues to hold 8.26 million tokens valued at about $19 million.
Large holders have gone on an ASTER buying spree over the past 24 hours, with CryptoPotato <a href="https://cryptopotato.com/whales-scoop-up-over-48m-in-aster-within-24-hours/" target="_blank" rel="noopener noreferrer nofollow">reporting</a> that whales scooped up more than $48 million worth of the token across multiple purchases.
Meanwhile, ASTER’s rally shows no signs of slowing, with the token climbing more than 270% in the past week. Its momentum has been driven by support from YZi Labs and public endorsements from CZ.
<h2 id="aster-s-daily-volume-surpasses-hyperliquid-s">Aster’s Daily Volume Surpasses Hyperliquid’s</h2>
Aster is slowly starting to gain ground over Hyperliquid, its largest competitor. Data from DefiLlama also <a href="https://defillama.com/perps" target="_blank" rel="noopener noreferrer nofollow">shows</a> that it led in daily perpetual trading volumes, reaching $35.86 billion in the past 24 hours. On the other hand, Hyperliquid reported about $10 billion in the same period.
The project has also recorded a notable rise in open interest in less than a week. CoinGlass data <a href="https://www.coinglass.com/currencies/ASTER/futures" target="_blank" rel="noopener noreferrer nofollow">shows</a> that the metric climbed from $3.72 million on Friday to $1.24 billion at the time of writing, an increase of nearly 33,200%.
Open interest is the total number of contracts that remain unsettled and is often used as a measure of liquidity and market confidence. The rise suggests traders are committing more capital to Aster.
Additionally, its total value locked (TVL) has climbed to $2.09 billion, marking a 233% increase from $625 million recorded on Friday.
The post <a href="https://cryptopotato.com/whale-turns-300k-into-7m-profit-on-aster/" rel="noopener noreferrer nofollow">Whale Turns $300K Into $7M Profit on ASTER</a> appeared first on <a href="https://cryptopotato.com/" rel="noopener noreferrer nofollow">CryptoPotato</a>.

Whale Turns $300K Into $7M Profit on ASTER

Table of Contents

CryptoPotato_News

Other articles published on Sep 25, 2025

Bitget Launches Industry-First Unified Account Covering Four Major Blockchains

Forknet Mainnet is LIVE: Revolutionizing DeFi with L2 Power and Unmatched Liquidity (25 Sep)

Shiba Inu Shows Resilience Amid Market Decline

Cloudflare Announces Launch of NET Dollar Stablecoin

India Blockchain Month 2025: Regulatory Clarity Tops Agenda in Delhi

Crypto Worth $1.12B Liquidated as Market Goes Red

Join our free newsletter for daily crypto updates!