The whale that, according to the community, read the market is seeing massive returns as crypto asset prices plunge.
While everyone was hyped with Binance founder Changpeng Zhao’s post, a smart trader, known as the “anti-CZ whale” among the community, went against the market noise. Zhao posted on Nov. 2 that he had accumulated over 2 million Aster (ASTER) tokens.
Full disclosure. I just bought some Aster today, using my own money, on @Binance.
I am not a trader. I buy and hold. pic.twitter.com/wvmBwaXbKD
— CZ 🔶 BNB (@cz_binance) November 2, 2025
The crypto community instantly started praising the move under Zhao’s X post. However, the hype didn’t last long.
Aster started declining. The token is down by 20.4% in the past 24 hours and is trading at $0.84 at the time of writing. Its trading volume has been cut in half to $1.3 billion.
Despite the craze around the Binance founder’s post, the “anti-CZ whale” went in the opposite direction of the market hype.
As the price falls, the Anti-CZ Whale who added to his $ASTER shorts after CZ's buy post is now sitting on over $21M in unrealized profit across 2 wallets.
He's also shorting $DOGE, $ETH, $XRP, and $PEPE, all in profit.
His total profit on #Hyperliquid is now close to $100M!… pic.twitter.com/vfmAPf9ke6
— Lookonchain (@lookonchain) November 4, 2025
Data from Lookonchain shows that the trader is seeing $21 million in unrealized profits on his ASTER position on Hyperliquid, a perpetual decentralized exchange.
He Read the Market
What did the whale know? No one knows. But the traders certainly didn’t fall for the fear of missing out, also called FOMO.
A crypto influencer, who goes by Joe, called the “anti-CZ” bet a “gutsy” move.
That’s one hell of a statement trade – pure conviction backed by timing.
Everyone mocked the Anti-CZ whale until the charts flipped red.
Shorting $ASTER right after CZ’s post was a gutsy move.
Now sitting on nearly $100M proves he read the market, not the hype.
This is what…— Joe | KOL & Alpha Crypto Influencer (@SelfSuccessSaga) November 4, 2025
Joe added that the whale “read the market, not the hype,” which consequently brought him roughly $100 million in net profits while the broader crypto market has been drowning in losses.
The trader has also been shorting Ethereum ETH $2 133 24h volatility: 0.4% Market cap: $257.38 B Vol. 24h: $16.82 B , XRP XRP $1.43 24h volatility: 0.7% Market cap: $87.91 B Vol. 24h: $2.01 B , Dogecoin DOGE $0.0937 24h volatility: 0.3% Market cap: $14.37 B Vol. 24h: $715.88 M , and Pepe PEPE $0.000003 24h volatility: 0.1% Market cap: $1.43 B Vol. 24h: $240.98 M .
The global crypto market cap is down by 3.75% in the past 24 hours and is hovering at $3.46 trillion, according to data from CoinMarketCap. Investor sentiment fell to the “fear” zone, currently at 27, again.
Moreover, the market-wide correction triggered over $1.3 trillion in liquidations over the past day, according to data from CoinGlass. Nearly $1.2 billion of the wiped-out positions belong to longs.
One of the reasons, apart from the macro conditions, for the selloff could be the $120 million Balancer exploit. The automated market maker was attacked on Nov. 3, Coinspeaker reported.
next