‘Anti-CZ Whale’ Nets Nearly $100M as Aster Drops Following Binance Founder’s Tweet

• An on-chain trader dubbed the “Anti-CZ Whale” earned nearly $100 million shorting Aster following a cautionary tweet from Changpeng Zhao.
• Aster’s price dropped 14% from $1.16 to $0.83 as the market reacted to CZ’s self-deprecating comment about his buying timing.
• The trader has since shifted strategy, opening a massive $109 million long position in Ethereum despite the recent volatility.

An on-chain trader nicknamed the “Anti-CZ Whale” has recorded multimillion-dollar profits after Aster’s decline following remarks from Binance co-founder Changpeng Zhao (CZ). 

Blockchain data from Lookonchain and Hyperdash indicates the trader held coordinated short positions on Aster, Dogecoin, and other assets. These positions increased significantly in value as Aster’s price fell 14% over the past week.

Related: CZ’s ‘I Buy Tops’ Reminder Lands As Aster Sinks 14…

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