Altcoins, along with Bitcoin, also fell this week. This decline prompted some investors to panic sell, while others bought on the dip. At this point, a whale sold the altcoin that was in profit and invested in the altcoin supported by Binance founder CZ. According to a post by blockchain analysis platform Lookonchain, a whale who was an early investor in Hyperliquid (HYPE) sold some of his HYPE tokens and transferred his money to another DEX, Aster. According to Lookonchain, an early-stage whale holding over 2 million HYPE sold $8.9 million worth of HYPE and replaced it with Aster (ASTER). This early-stage whale purchased his HYPE tokens for just $17.4 million. While the current value of HYPE tokens has reached $89 million, there are 1.8 million HYPE tokens left in his possession worth $80 million. ASTER, which has gained 33% in the last 24 hours, continues to trade at $2.2. Got Support from CZ! Interestingly, CZ recently spoke highly of Aster. It's unusual for him to make such comments about cryptocurrency projects other than BNB. At this point, CZ shared an image showing the performance of the Aster (ASTER) token running on the BNB Chain and commented, “Well done, good start, keep improving.” After CZ's support, ASTER began to steal Hyperliquid's attention. BitMEX founder Arthur Hayes, who sold HYPE tokens, also praised ASTER, further boosting its name and price. *This is not investment advice. Continue Reading: The Giant Whale Who Made Huge Profit Suddenly Changed His Decision: He Sold the Altcoin He Made $72 Million In, and Bought This CZ-Backed Altcoin Instead!
