Aster Increases Daily Buyback to $4 Million, Strongly Rebounds After Coin Price Falls to CZ's Cost Line
BlockBeats News, December 8th, at 11:00 today, according to the referral/aboter" target="_blank">Aster official announcement, the daily repurchase amount for the fourth quarter has been increased from the previous $3 million to $4 million, effective immediately. At the same time, it was stated that "This acceleration has enabled us to promptly upload the accumulated fourth-stage fees since November 10th to the chain, thus providing more support during market fluctuations."
According to HyperInsight monitoring, the price of ASTER dropped to $0.89 this morning and approached CZ's buy-in price before experiencing a significant rebound, with a 12-hour increase of about 9.7%. The "Shanzhai Air Force Leader" whale is currently the largest short position on ASTER on Hyperliquid, continuously closing positions after ASTER fell below $0.95 yesterday. The current position size is approximately $7.94 million, with an average price of $1.2, a liquidation price of $1.44, and a floating profit of $1.86 million (117%).
You may also like

Perp DEX: The Next Generation Exchange "War"

10 Counterintuitive Insights on Latin American Payments

The AI gamble of mining companies: Valuations enter a phase of differentiation, and it's hard to turn the tide

A letter from Alliance to entrepreneurs: Written on the occasion of Cursor selling for 60 billion dollars

Stablecoins Finally Find Real Returns: On-Chain Reinsurance Re Explained | Interview with Re Founder Karan Saroya

The impossible triangle is simply a pseudo problem

Will MicroStrategy fall into a death spiral? What will the macro trend be in the second half of the year?

Blockchain Capital Partner: The Core Secret of Arbitrage

STRC unanchored by 11%, can the perpetual motion machine of Strategy still operate?

Bitcoin Market Analysis 2026: Can BTC Reach $150K by Year-End?

Bitcoin ETF Outflows Hit a Record $4.4 Billion: What Are Traders Doing With Their Cash?

WEEX App Just Got Smarter – New Tabs for Faster Trades & Easy Asset Management

WEEX All-New Search Features: Find, Trade & Earn Faster Than Ever

Morning Report | Illinois signs the strictest digital asset tax law in the U.S.; RWA tokenization market size surpasses $43 billion, institutions accelerate the migration of on-chain assets

Full version of the debut Q&A! Federal Reserve Chairman Waller: Sticking to the 2% inflation target, establishing five special working groups, individual did not submit the dot plot

From Disruptor to Shadow Market: The Crypto Market is Becoming a Colony of Traditional Finance

Dalio's important long article: How to position in the current market environment?


