There are no secrets in the on-chain world; any large fund flow can be captured. Recently, an event that shook the market involved the founder of a well-known exchange.

The story begins on November 2, 2025. This influential figure announced on social media that they personally purchased approximately 2.09 million ASTER tokens. Once the news was released, the market instantly exploded—the price of ASTER surged from $0.91 to $1.26, a 24-hour increase of over 30%.

But that’s not the whole story. Sharp-eyed on-chain analysts quickly spotted an interesting contradiction. At the same time this person bought in, a whale was heavily shorting near $1.2, with a position size of up to $50.62 million. As the ASTER price subsequently retraced, this short position had already earned over $12 million in unrealized gains. Meanwhile, the founder’s purchase cost was $0.913, currently in floating loss.

Interestingly, this guy has been paying close attention to ASTER for a long time. Going back to September during ASTER’s TGE, he simply reposted a related post, which pushed the token from $0.02 to $2.42, a nearly 7000% increase in stages. Such influence is enough to rewrite a project’s destiny.

From an on-chain data perspective, every move by a large holder is tracked by countless eyes. Price fluctuations, fund flows, opponent positioning—these elements weave a subtle market dance on the transparent blockchain. And this ASTER story is just a microcosm of this confrontation—some are optimistic, some are shorting; some chase the rally, others set traps. Who ultimately profits depends on their grasp of the market rhythm.