High Long Move to the Altcoin That CZ From The Whale Is An Advisor For

In the crypto world, famous trader James Wynn has been drawing attention recently with his large transactions. A move he made recently concerning the Aster (ASTER) token has once again brought investor interest to a high level. Wynn announced that he has opened a 3x leveraged long position for the native token of the decentralized derivatives exchange Aster, stating that he has a big airdrop expectation. This new transaction was detected by Onchain Lens and was reported to be over $16,000 in size.

Wynn entered his trade at a price of $1.97, and the liquidation level was set at $1.57. This investor decided to take a new risk immediately after his previous position on the same token was liquidated. James Wynn drew investors' attention by stating on the social media platform X, “I believe the ASTER airdrop will be one of the largest in crypto history.”

Given Wynn’s competitive investment history, this new bet on Aster is considered a significant development. In previous periods, Wynn came to the agenda with large transactions on Hyperliquid, closing his $1.2 billion Bitcoin long position, opened with 60x leverage earlier this year, with a $17.5 million loss. But he later changed direction, opened a billion-dollar short position, and made a $25 million profit, stating, “I walked away a winner.”

Wynn’s latest move not only reflects high expectations for Aster’s upcoming airdrop process but also emphasizes that this position is not merely speculative but also part of an airdrop farming strategy. The developments experienced so far on Astor and Wynn’s aggressive strategies have managed to attract investors’ attention and created great excitement in the crypto market.