Aster increases daily buyback to $4 million, with the coin price rebounding strongly after falling below CZ's cost line.

On December 8, at 11:00 today, according to an official statement from Aster, the daily buyback for the fourth quarter has been increased from the previous $3 million to $4 million, effective immediately. The statement also noted, “This acceleration enables us to promptly put the accumulated Phase 4 fees since November 10 on-chain, providing more support during periods of market volatility.” Additionally, according to monitoring by HyperInsight, the price of ASTER dropped to $0.89 early this morning, approaching CZ’s buy-in price, and then rebounded sharply, rising about 9.7% over 12 hours. The “Altcoin Short Army Leader” whale is currently the largest ASTER short position on Hyperliquid. Since ASTER fell below $0.95 yesterday, they have continuously closed positions. Their current position size is approximately $7.94 million, with an average price of $1.20, a liquidation price of $1.44, and an unrealized profit of $1.86 million (117%).