Aster Price Rockets By 12%: Binance Founder CZ Holds $2.5 Million Aster Tokens
The post Aster Price Rockets By 12%: Binance Founder CZ Holds $2.5 Million Aster Tokens appeared on BitcoinEthereumNews.com.
Key Insights: Aster price spiked by 12% over the last 24-hours after Binance founder CZ shared a screenshot of his $2.5 million $ASTER portfolio. After grinding lower through ‘Uptober’ and repeatedly defending the $1.15 region, price has finally pushed above the wedge resistance. Two whale traders bet millions of dollars against Aster despite CZ publicizing his holdings. Aster price skyrocketed by 12% over the last 24-hours to a daily high of $1.25 after Binance former CEO Changpeng Zhao posted a screenshot of his Aster portfolio showing 2 million ASTER tokens worth approximately $2.5 million. Meanwhile, the token now aims to win support around $1.15 which should act as the springboard that launches the decentralized exchange native token into a breakout rally past $1.6. Aster Price Gains 12%, Now Targets $1.15 Support To Fly To $1.6 Decentralized exchange Aster’s native token $ASTER spiked by 12% over the last 24-hours following an announcement on Sunday revealing Changpeng Zhao’s $2.5 million worth of the token holdings. The announcement triggered a wave of fresh buying among both retail and whale traders with a majority viewing the event as a buying opportunity while a few others took the chance to place leveraged shorts. Meanwhile, a leading analyst on X dubbed MoreCryptoonl posted that Aster (ASTR/USDT) continues to show signs of hesitation, even after a modest three-wave recovery. As per the analysis, the current Aster price action is not yet sufficient to confirm a breakout. However, the price could rally once the corrective phase comes to an end. Aster price prediction chart by MoreCryptoonl Bulls need to push for the formation of another impulsive 4–5 wave pattern to strengthen the case for a completed wave ii, which should hint at the early stages of a bullish breakout. A move like this would suggest renewed market optimism…
Filed under: News - @ November 3, 2025 2:28 pm