ASTER experienced a 27% surge on November 2 after CZ revealed holding 2.09 million ASTER tokens at $0.91 each. This announcement coincided with significant activity from top whale holders, who collectively added 80 million tokens, raising their total holdings from 30.62% to 31.62%. The price increase appears to be sentiment-driven, as open interest surged by $323 million, indicating a rise in leveraged positions. Notably, whale activity suggests a coordinated shorting strategy, with a major wallet establishing a $15 million triple short position at a $2.11 liquidation price. Following the rally, these whales sold approximately 10 million tokens, indicating a profit-taking cycle.