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 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%).