**‘Anti-CZ Whale’ Makes Nearly $100 Million Shorting Aster After CZ Remark, Flips to $109M Ethereum Long**

An on-chain trader known as the “Anti-CZ Whale” has reportedly earned nearly $100 million by shorting Aster, following cautionary remarks from Binance co-founder Changpeng Zhao (CZ). The dramatic profits came as Aster’s price plunged 14%, from $1.16 to $0.83, after CZ posted a self-deprecating tweet about his track record of buying market tops.

## CZ’s Tweet Triggers Market Reaction

On X (formerly Twitter), CZ noted that his crypto purchases “always go down,” referencing previous market cycles where even strong assets dipped after his buys. Many traders interpreted his comment as a cautionary signal, prompting a quick drop across several altcoins. Aster’s price responded immediately, falling below the crucial $1 support level and posting a sequence of lower highs and lower lows before staging a minor rebound.

## Anti-CZ Whale’s Coordinated Short Positions

According to on-chain analysis from Lookonchain and Hyperdash, the Anti-CZ Whale had built up substantial short positions not only in Aster, but also in Dogecoin and other assets. These bearish bets surged in value as Aster tumbled. Reports indicate the trader aggressively added to Aster shorts soon after CZ’s tweet, expanding the position to $59.7 million.

During this pullback, the trader racked up $4.95 million in profit on a single account and over $16 million across multiple wallets.

## Whale Secures $100 Million in Cross-Asset Profits

Lookonchain data further reveals the trader’s total equity soared above $75.6 million, including unrealized gains of $31.27 million—a 142% return on equity. Across all active trades, including shorts on Aster, Dogecoin, XRP, and kPEPE, profits reached $64.47 million. Another smaller account showed $25.3 million in equity and $9.05 million in unrealized profit, marking a 124.5% gain.

## Shifting Strategy: $109 Million Ethereum Long

Despite the prevailing bearish momentum, the Anti-CZ Whale has now shifted strategy, opening a substantial $109 million long position in Ethereum. This new position has already delivered $2.4 million in profits, pushing the trader’s cumulative earnings across platforms to just shy of $100 million.

## Aster Recovers but Remains Volatile

In the aftermath, Aster has seen a modest rebound but remains highly volatile. As of press time, CoinMarketCap reports Aster trading at $1.01, up 10.08% over the last 24 hours, though still down 6.41% for the week. Market capitalization has climbed to $2.05 billion, with daily trading volume increasing 18.7% to $1.62 billion.

**Key Takeaway:**
The Anti-CZ Whale’s success highlights the impact of influencer comments on the crypto markets, rapid trader response on-chain, and the ongoing volatility in the altcoin sector. As strategies shift, market watchers will be keeping a close eye on both Aster’s price action and the whale’s next moves.
https://bitcoinethereumnews.com/tech/anti-cz-whale-nets-100m-profit-shorting-aster/