PEPE Whale Buys $12M in ASTER, Now Up $3.6M in Unrealized Gains

A well-known crypto whale who made more than $36 million trading PEPE has turned his attention to Aster. This makes another major move that is now paying off. The trader, known on-chain as “ThisWillMakeYouLoveAgain,” has accumulated 8.93 million ASTER. Which worth $12.42 million at an average price of $0.98, according to on-chain data. With ASTER rising since his purchases, he is now sitting on more than $3.67 million in unrealized gains. The whale’s recent buying spree follows earlier accumulation in November. This signals a strong conviction in Aster and attracts attention across Crypto Twitter.

Whale Increases Position as Aster Rallies

According to Lookonchain, the whale has been actively buying ASTER since early November. Between November 4 and November 12, he purchased 8.41 million ASTER for around $8.14 million. It securing those tokens at an average of $0.97. At the time, those holdings already showed a $1.1 million unrealized profit. Now, his total ASTER stash exceeds 8.93 million tokens. Also, the combined position is generating even larger paper gains as Aster’s price continues to climb

The whale’s strategy appears consistent: buy in large batches during dips and hold through volatility. His wallet activity shows regular USDT transfers into CoW Protocol and Aster Smart Chain addresses. This supporting ongoing accumulation. Arkham data confirms his active trading across Ethereum and BNB Smart Chain. With recent ASTER purchases of $51,000 and $56,000 recorded within the last two weeks.

Aster Community Reacts to Whale Interest

The Aster community has taken notice of the whale’s aggressive positioning. Large-scale buys from high-profile traders often trigger speculation. About upcoming catalysts or internal confidence within the ecosystem. Aster itself has gained attention due to its recent buyback campaigns.

This includes the completion of a 49.3 million USDT repurchase under the S3 program and the upcoming S4 initiative. As the platform expands liquidity and prepares new upgrades. Some traders view whale accumulation as a positive signal. However, communities remain cautious, given the whale’s reputation for timing markets well.

Track Record Influences Market Sentiment

“ThisWillMakeYouLoveAgain” rose to prominence earlier this year. After securing more than $36 million in profit from PEPE trades. His past performance has made his wallets closely monitored across the crypto market. When such a trader builds a major position, many view it as a form of “smart money validation.” Still, analysts warn that whales often operate on long-term strategies and may exit positions without warning. Currently, the whale appears committed to Aster, accumulating steadily and showing no signs of selling.

Outlook: More Gains or A Sharp Turn?

As Aster continues to rise, the whale’s unrealized gains may grow further. Traders are now watching whether this accumulation signals a prolonged bullish phase or a short-term speculative push. For the moment, the whale remains deep in profit and the broader market is paying attention.