Aster will increase its daily repurchase to 4 million USD, and the coin price rebounded strongly after falling to CZ's cost line
Dec 08, 2025 17:45:07
At 11 AM today, according to Aster's official statement, the daily repurchase for the fourth quarter has increased from the previous 3 million dollars to 4 million dollars, effective immediately. It also stated, "This acceleration allows us to timely put on-chain the accumulated fourth phase expenses since November 10, thereby providing more support during market fluctuations."
Additionally, according to monitoring by HyperInsight, the price of ASTER dropped to 0.89 dollars this morning and rebounded significantly after approaching CZ's buying price, rising about 9.7% in 12 hours. The "Shanzhai Air Force Head" whale is currently the largest short on ASTER on Hyperliquid, continuously closing positions since ASTER fell below 0.95 dollars yesterday, with a current position size of about 7.94 million dollars, an average price of 1.2 dollars, a liquidation price of 1.44 dollars, and an unrealized profit of 1.86 million dollars (117%).
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