According to @cas_abbe, Aster DEX has become one of the largest perp DEXs with $1.35 billion in TVL, $700 million in annualized revenue, $280 billion in monthly perpetuals volume, and $2.3 billion in open interest, source: @cas_abbe. According to @cas_abbe, the team is executing periodic buybacks using 50%–80% of collected fees, which directly impacts $ASTER token flow, source: @cas_abbe. According to @cas_abbe, the post also cites support from @cz_binance and explicitly raises the comparison of $ASTER to $BNB, source: @cas_abbe. According to @cas_abbe, these figures and fee-funded buybacks are presented as key trading context for participants tracking $ASTER and on-chain derivatives liquidity, source: @cas_abbe.

According to @cas_abbe, ASTER open interest is spiking while the funding rate remains positive, indicating a long-heavy positioning that risks a market-maker flush in the near term (source: @cas_abbe on X). According to @cas_abbe, @Aster_DEX has paused buybacks and plans to resume them on December 5, while reporting roughly $1.7M in daily fees that would support seven-figure daily buybacks once restarted (source: @cas_abbe on X). According to @cas_abbe, a trading approach of dollar-cost averaging on dips and avoiding leverage is preferred ahead of the restart, with the author asserting potential outperformance after buybacks resume (source: @cas_abbe on X).

According to @ai_9684xtpa, about one hour before the post an address labeled Astherus-Admin sent 62,685 ASTER (about $72,000) to a BatchTransfer contract and then transferred 15–60 ASTER to 7,567 addresses, roughly $17–$68 per address (source: @ai_9684xtpa). According to @ai_9684xtpa, the reason for this distribution is currently unknown as no related campaign was identified by the source (source: @ai_9684xtpa). Per the ARKM Intel link shared by @ai_9684xtpa, the referenced wallet is 0x68474985DCA71E4113Fd995D2E7B2f50179296fc: https://intel.arkm.com/explorer/address/0x68474985DCA71E4113Fd995D2E7B2f50179296fc (source: @ai_9684xtpa).

According to @OnchainDataNerd, whale address 0x1f6 withdrew 996,000 $ASTER (about $1.17M) from Binance roughly 5 hours ago (source: @OnchainDataNerd). The same address now holds 3,838,000 $ASTER valued around $4.41M, indicating more supply moved off-exchange during the observed window (source: @OnchainDataNerd). Based on the reported figures, the latest withdrawal equals roughly 26% of the wallet’s current ASTER balance and implies an estimated unit value of about $1.18 per token for the moved tranche (~$1.17M ÷ 996,000), while the total bag implies about $1.15 per token (~$4.41M ÷ 3,838,000) (calculation using data from @OnchainDataNerd). For trading, the verified on-chain takeaway is a net exchange outflow of 996,000 $ASTER in this interval and a whale-held float of 3.838M $ASTER to monitor for any subsequent transfers, deposits, or distribution events (source: @OnchainDataNerd).

According to @OnchainDataNerd, 10 hours ago Wintermute withdrew 24,124 AAVE (about $4.1 million) from Kraken, with the referenced address shared in the post: https://t.co/NewZs1rQMy source: @OnchainDataNerd According to @OnchainDataNerd, within the last 5 days a whale withdrew a total of 0.84 million ASTER (about $3.44 million) from Binance, with the address link provided here: https://t.co/o3MPKnOwBH source: @OnchainDataNerd

According to @ai_9684xtpa, the latest disclosed selection shows full allocation with public-chain exposure led by ETH as the main position alongside BTC and BCH, source: X post by @ai_9684xtpa on Nov 23, 2025. Exchange token exposure includes BNB and ASTER, source: X post by @ai_9684xtpa on Nov 23, 2025. The stablecoin pick is WLFI, with USD1 cited as the underlying logic for the thesis, source: X post by @ai_9684xtpa on Nov 23, 2025. The post states positions are fully revealed with no specific price targets or timeframe provided, source: X post by @ai_9684xtpa on Nov 23, 2025.

According to @ai_9684xtpa, the latest fully disclosed allocation overweights ETH as the main position with additional positions in BTC and BCH, defining an L1 tilt for traders to track relative performance (source: @ai_9684xtpa on X, Nov 23, 2025). The portfolio also includes exchange tokens BNB and ASTER, indicating conviction in CEX ecosystem exposure as a beta lever (source: @ai_9684xtpa on X, Nov 23, 2025). For stablecoin reserves, WLFI is preferred with a USD1-based thesis, specifying the intended stability framework for liquidity management (source: @ai_9684xtpa on X, Nov 23, 2025). The post states the account is fully deployed, providing a clear benchmark for monitoring rotations among L1s, CEX tokens, and stablecoins tied to this allocation (source: @ai_9684xtpa on X, Nov 23, 2025).

According to @cas_abbe, $ASTER has printed higher highs and higher lows this month while the broader market fell, signaling relative strength for traders to note, source: @cas_abbe on X, Nov 22, 2025. The author attributes this resilience to buybacks, stating Aster DEX purchased nearly 40M ASTER in November and plans to burn about half of those tokens, source: @cas_abbe on X, Nov 22, 2025. The author reports that buybacks have now stopped and are scheduled to resume on December 10, removing a near-term source of demand and raising the risk of a corrective move if market momentum weakens, source: @cas_abbe on X, Nov 22, 2025. The author also states Aster is generating 2.5M-3M dollars in daily fees, which they cite as funding for the next buyback wave and a potential upside catalyst, and they frame any dips before buybacks resume as buying opportunities, source: @cas_abbe on X, Nov 22, 2025.

According to @EmberCN, a whale who shorted after CZ disclosed $ASTER holdings is now close to liquidation on separate ETH and XRP long positions, with ETH just $120 away and XRP $0.17 away from liquidation; combined unrealized loss on the two longs is $39.73M, source: @EmberCN on X, Nov 21, 2025. According to @EmberCN, the trader’s PnL fell by $59.12M over 11 days, from a $61.88M profit on Nov 10 to $2.76M now, and a further price drop would push the account into principal loss, source: @EmberCN on X, Nov 21, 2025.

According to Lookonchain, an Anti-CZ Whale on Hyperliquid saw more than $61 million in profit erased in 10 days as large ETH and XRP long positions were hit during a market dump, reducing total profit from nearly $100 million to $38.4 million, based on Hyperdash trader dashboards for addresses 0x9eec98D048D06D9CD75318FFfA3f3960e081daAb and 0xbadbb1de95b5f333623ebece7026932fa5039ee6 that Lookonchain cited via legacy.hyperdash.com. According to Lookonchain, this trader became known for shorting after CZ bought ASTER, and the current PnL figures are sourced from the Hyperdash pages referenced by Lookonchain on X.

According to @EmberCN, a whale who shorted ASTER after CZ disclosed ASTER holdings later closed the short and rotated into nearly $300M in ETH and XRP longs, source: @EmberCN on X (Nov 21, 2025). The whale’s current $261M long position shows an unrealized loss of $31.84M, source: @EmberCN on X (Nov 21, 2025). Reported liquidation prices are ETH at $2,528 and XRP at $1.55, source: @EmberCN on X (Nov 21, 2025).

According to @ai_9684xtpa, on-chain tracker data for wallet 0x9eec98D048D06D9CD75318FFfA3f3960e081daAb shows a realized profit of $10.66M from shorting ASTER. Source: @ai_9684xtpa on X (Nov 20, 2025); hyperbot.network/trader/0x9eec98D048D06D9CD75318FFfA3f3960e081daAb. The same wallet is currently long ETH, XRP, and DOGE with an aggregate unrealized loss of $18.58M. Source: @ai_9684xtpa on X (Nov 20, 2025); hyperbot.network/trader/0x9eec98D048D06D9CD75318FFfA3f3960e081daAb. Since the 10/11 flash crash, the wallet executed seven short trades totaling more than $39.88M in realized profit. Source: @ai_9684xtpa on X (Nov 20, 2025); hyperbot.network/trader/0x9eec98D048D06D9CD75318FFfA3f3960e081daAb.

According to @cas_abbe on X (Nov 15, 2025), Aster DEX has repurchased 46M ASTER over the past three weeks, representing about 2.3% of circulating supply (source: @cas_abbe on X, Nov 15, 2025). Based on the figures shared by @cas_abbe, this implies an estimated circulating supply of roughly 2.0B ASTER and an average buyback pace of about 2.2M ASTER per day over the period (source: @cas_abbe on X, Nov 15, 2025). The buybacks are described as increasing, and the source states ASTER could be the next BNB, which is the source’s opinion rather than a forecast (source: @cas_abbe on X, Nov 15, 2025). For trading analysis, the reported 2.3% three-week float reduction is a material supply shift to incorporate into liquidity and tokenomics assessments, based on the same source data (source: @cas_abbe on X, Nov 15, 2025).

According to Cas Abbé, ASTER ($ASTER) buybacks are running at about $3 million per day and $35 million has been repurchased this month, disclosed in an X post on Nov 12, 2025 (source: Cas Abbé on X, Nov 12, 2025). Based on the stated pace, this implies an annualized run-rate of roughly $90 million per 30 days if sustained, calculated directly from his $3 million daily figure (source: Cas Abbé on X, Nov 12, 2025). Abbé also stated he believes ASTER could be “the next BNB,” highlighting a BNB-style buyback narrative that market participants may monitor (source: Cas Abbé on X, Nov 12, 2025).

According to @OnchainDataNerd, about 3 hours ago an address referenced as Galaxy Digital withdrew 2.9M ASTER valued at approximately $3.31M to an OTC wallet, source: @OnchainDataNerd on X, Nov 12, 2025. The address and transfer details are viewable on ARKM Intel at https://intel.arkm.com/explorer/address/0x16F6d15381bEE4A25B25F0d1C4161b78f7F21Fde, source: ARKM Intel.

According to @lookonchain, the trader known as the Anti-CZ Whale switched from short to long on ETH and now holds 32,802 ETH worth about $119.6M with over $15M in unrealized profit, source: @lookonchain on X, Nov 10, 2025. According to @lookonchain, the whale’s short positions in ASTER and PEPE remain in profit, source: @lookonchain on X, Nov 10, 2025.

According to @CryptoCoinCoach, Aster is trading inside a falling wedge, a setup often linked to bullish reversals as price compression completes (source: @CryptoCoinCoach). Traders typically wait for a close above wedge resistance with expanding volume to validate the move and reduce false-break risk (source: Investopedia; source: StockCharts ChartSchool). Common risk management places invalidation below the most recent swing low inside the wedge to cap downside if the pattern fails (source: StockCharts ChartSchool).

According to the source, claims that Hyperliquid’s perp DEX dominance is fading while Lighter and Aster gain traction should be verified with independent market data before rotating capital. Source: user-provided social post. Validate market share, volume, and open interest trends on derivatives DEX dashboards to confirm real flow rotation and liquidity depth before sizing positions. Sources: DefiLlama Derivatives DEX volumes and OI dashboards; Kaiko derivatives market data. Compare taker fees, maker rebates, and L2 gas costs to compute net effective trading cost; even a 1–3 bps edge compounds materially for active strategies. Sources: official exchange fee schedules; L2Fees.info. Monitor funding rates and basis; persistent positive funding on newcomers alongside rising OI can signal momentum but heightens liquidation risk on crowded positioning. Sources: Coinglass funding rate data; per-market funding pages on the exchanges. Track incentive programs and points distributions that can temporarily inflate volumes and distort fee economics; volume often normalizes after incentives fade. Sources: official project announcements and blogs; Dune Analytics incentive dashboards. When liquidity fragments, use smart order routing or split orders across venues and set venue-specific risk limits to mitigate outage or oracle risk. Sources: 0x/1inch routing documentation; exchange status and incident pages.

According to @OnchainDataNerd, a fresh wallet 0x913 withdrew 668,000 ASTER (about $703,000) from Binance roughly two hours ago, based on the shared on-chain trace and address explorer link source: @OnchainDataNerd on X. According to @OnchainDataNerd, the same wallet amassed a total of 2,000,000 ASTER over three days at an average entry near $1.03, offering a concrete reference level for whale positioning analysis source: @OnchainDataNerd on X. According to @OnchainDataNerd, the reported $1.03 average and the 668,000-coin exchange outflow highlight a clear on-chain accumulation footprint that traders can track for liquidity and order flow reactions around that cost basis source: @OnchainDataNerd on X.

According to @lookonchain, on-chain wallet "ThisWillMakeYouLoveAgain" deposited 4.21M USDT and purchased 4.6M ASTER at an average price around $0.915 over the past 14 hours (source: Lookonchain on X). The wallet address is 0x373704e394EF150241aeE836115d78Aba3FC5c76, as referenced in Arkham Intelligence’s explorer (source: Arkham Intelligence via Lookonchain). @lookonchain also reports the same address previously realized $36.21M profit trading PEPE, indicating a history of profitable large-size trades (source: Lookonchain on X). The whale’s apparent cost basis near $0.915 provides a clear on-chain reference level for monitoring liquidity and flows in ASTER (source: Lookonchain on X).