HYPE whale transferred millions of dollars to the record-breaking rival altcoin.

In the world of Crypto, decentralized exchanges providing futures trading services are attracting serious attention, with the most well-known being Hyperliquid. The DEX, where the HYPE token also broke records, has been increasing its volumes and generating significant revenues, while competitors have started to emerge.

Aster supported by CZ…

Recently, Aster, which operates on the BNB Chain and has the support of Binance founder Changpeng Zhao, has come to the forefront. The DEX, Hyperliquid, has started to take an interest in its own token ASTER, which has been breaking record after record.

Even Arthur Hayes, who sells HYPE tokens, praising Aster has ensured that the DEX is heard more.

Whale sold HYPE and passed it to Aster

According to the information provided by the on-chain tracking platform Lookonchain, a whale holding approximately 89 million dollars worth of HYPE tokens sold 9 million dollars worth of tokens (201 units) and transferred its cash assets to the Aster exchange.

This early period Hyperliquid whale still holds 1.8 million HYPE tokens worth 80 million dollars.

All broke records

The Aster exchange's own token, ASTER, broke another record today. The token, which increased by 30% in the last 24 hours, also surpassed $2.25.

Hyperliquid's own token HYPE also set its own record last week, reaching 59 dollars.

Hyperliquid has also reached an agreement with Native Markets to issue its own stablecoin to break the dominance of USDC on the network. The new stablecoin USDH will enter the network shortly.

Published: September 24, 2025 11:14Last Updated: September 24, 2025 11:20