A prominent crypto whale, who earned over $36 million trading PEPE, has shifted focus to Aster, making another high-profile move that is already yielding results. The trader, known on-chain as “ThisWillMakeYouLoveAgain,” has accumulated 8.93 million ASTER tokens, valued at $12.42 million at an average price of $0.98, according to on-chain data. With ASTER’s price rising since his purchases, the whale is now sitting on more than $3.67 million in unrealized gains. His latest buying spree follows earlier accumulation in November, signaling strong conviction in Aster and drawing attention across Crypto Twitter.
Whale Expands Position as Aster Rallies
Lookonchain data shows the whale has been actively purchasing ASTER since early November. Between November 4 and 12, he acquired 8.41 million ASTER for approximately $8.14 million, averaging $0.97 per token. At that time, the holdings already reflected $1.1 million in unrealized profits. With total holdings now surpassing 8.93 million tokens, the position continues to grow in value as Aster’s price climbs, generating even larger paper gains.
The whale’s strategy appears consistent: purchasing large batches during dips and holding through market volatility. Wallet activity shows regular USDT transfers into CoW Protocol and Aster Smart Chain addresses, supporting ongoing accumulation. Arkham data also confirms active trading across Ethereum and BNB Smart Chain, with recent ASTER purchases of $51,000 and $56,000 recorded over the past two weeks.
Aster Community Responds to Whale Activity
The Aster community has taken note of the whale’s aggressive positioning. Large purchases from high-profile traders often spark speculation about upcoming catalysts or insider confidence within the ecosystem. Aster itself has drawn attention with recent buyback campaigns, including the completion of a 49.3 million USDT repurchase under its S3 program and plans for the S4 initiative, aimed at expanding liquidity and rolling out new upgrades. While whale accumulation is seen by some traders as a bullish signal, the community remains cautious given the whale’s market-timing prowess.
Track Record Shapes Market Sentiment
“ThisWillMakeYouLoveAgain” gained prominence earlier this year after securing over $36 million in profits from PEPE trades. His track record has made his wallets closely monitored across the crypto space. Large positions by such traders are often viewed as “smart money validation.” However, analysts caution that whales can follow long-term strategies and may exit positions without warning. Currently, the whale appears committed to Aster, accumulating steadily with no signs of selling.
Outlook: Continued Gains or Sudden Turn?
As Aster’s price continues to rise, the whale’s unrealized gains could grow further. Traders are closely watching to see whether this accumulation signals a prolonged bullish trend or a short-term speculative move. For now, the whale remains deep in profit, with the broader market keeping a close eye.
