Home Aster Token Jumps Over 30% As CZ Publicly Reveals Personal $2.5M Investment

Aster Token Jumps Over 30% As CZ Publicly Reveals Personal $2.5M Investment

By Ruchi SharmaNovember 4, 20251 Mins read847 Views

Aster Token Jumps Over 30% As CZ Publicly Reveals Personal $2.5M Investment

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The token for decentralized exchange protocol Aster surged more than 30% after Binance co-founder Changpeng “CZ” Zhao disclosed on X that he personally bought over $2.5 million worth of the token. CZ posted his wallet holdings, stating he purchased Aster using his own funds and describing himself as a long-term holder rather than a trader. The announcement pushed Aster’s price from $0.91 to a peak of $1.26, according to CoinGecko.

The market reacted strongly, with DefiLlama data showing trading volumes jumping from about $224 million to over $2 billion, while the token’s market cap climbed from $1.8 billion to more than $2.5 billion. Influential traders echoed the move, calling CZ’s disclosure a rare endorsement beyond BNB.

Following the rally, CZ commented that he had hoped to accumulate at lower prices and noted he rarely buys tokens publicly, referencing only BNB eight years earlier and now Aster.

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Ruchi Sharma -

Ruchi Sharma is a seasoned media professional with over 20 years of experience in the industry, including 4 years dedicated to Blockchain Industry and Web3. Holding a Master’s degree in Mass Communication and a Bachelor’s degree in Commerce, Ruchi combines academic excellence with a dynamic career that spans across roles as an Anchor, Writer, Correspondent, and Producer.

Her transition into the blockchain sector reflects a deep passion for emerging technologies, with a sharp focus on NFTs, Blockchain innovation, and Decentralized ecosystems. Leveraging her extensive media background, Ruchi excels at breaking down complex concepts into engaging narratives, making her a trusted voice for audiences navigating the fast-evolving Web3 space.

Known for her editorial precision and journalistic depth, Ruchi brings a rare blend of storytelling expertise and technical insight, ensuring her work remains impactful, informative, and forward-looking in the rapidly transforming digital economy.