A mysterious trader known as the “Anti-CZ Whale” has once again capitalized on market volatility, turning bearish bets into major profits. The trader has built substantial short positions against several leading cryptocurrencies — including ASTER, DOGE, ETH, XRP, and PEPE — and is now sitting on nearly $100 million in unrealized gains, according to on-chain data.
A mysterious trader known as the “Anti-CZ Whale” has once again turned the crypto market’s enthusiasm on its head — and profited massively. Shortly after Binance founder Changpeng “CZ” Zhao hinted at buying ASTER, the trader took the opposite route, opening large short positions instead. That contrarian bet has paid off handsomely, with on-chain data from Whale Insider and Lookonchain showing over $21 million in unrealized profit from the ASTER trade alone.
The positions are spread across two wallets — 0x9eec98D…daAb and 0xbadbb1de…9ee6 — both using the Hyperliquid decentralized perpetual exchange. Data from Hyperliquid shows ASTER’s price plunged from $1.20 to around $0.83, triggering triple-digit percentage returns on the whale’s leveraged shorts. Together, the wallets hold more than $48 million in ASTER shorts, operating with an average 3x leverage.
Expanding Beyond ASTER
The whale’s trading activity extends far beyond ASTER. According to Hyperdash analytics, the Anti-CZ Whale also maintains short positions across several major cryptocurrencies — all currently in profit:
- $25.4 million DOGE short (5x leverage)
- $21.1 million ETH short (20x leverage)
- $15.1 million XRP short (10x leverage)
- $11.9 million PEPE short (5x leverage)
Across all positions, the whale’s unrealized profits exceed $31 million, with an average return on equity (ROE) north of 140%. His trades have consistently aligned with market pullbacks, suggesting a precise, data-driven approach to timing and risk management.
Transparency and Community Buzz
The transparency of Hyperliquid’s on-chain data has made the Anti-CZ Whale a focal point of crypto discussion. Traders on X (formerly Twitter) have been tracking his moves in real time, monitoring funding rates, liquidation levels, and open interest.
His nickname — “Anti-CZ Whale” — reflects the now-famous moment he shorted ASTER immediately after CZ’s bullish endorsement. Many in the community view it as a calculated rejection of hype-driven trading. As of early November 2025, the whale’s total portfolio value exceeds $109 million, with all five open positions in profit.
A Masterclass in Contrarian Trading
While most traders follow market leaders or sentiment, the Anti-CZ Whale’s success underscores the power of contrarian strategies in high-volatility environments. By betting against the crowd — and sometimes against the industry’s biggest names — this trader has become a symbol of discipline and precision in DeFi trading.
Still, analysts warn that such aggressive shorting comes with steep risks. Sudden price reversals could liquidate even the most profitable accounts. For now, though, the Anti-CZ Whale remains one of the most-watched and analyzed traders on-chain, admired and envied for turning market psychology into profit.
