A cryptocurrency influencer known as Cooker Flips has turned a $1.24 million bet into more than $6.7 million in just three days with the newly launched Aster (ASTER) token.
According to on-chain data, the investor accumulated 5.57 million ASTER tokens shortly after trading began on September 17. His average entry price was around $0.20 per token, giving the position a cost basis of roughly $1.24 million, according to the latest data retrieved by Finbold from Arkham.
Two hours before the data was published, Cooker Flips transferred the tokens to his personal wallet. At the time, the holdings were valued near $6.7 million, representing an unrealized profit of more than $5 million, a gain of over 450% in less than a week.
The investor later confirmed the position on X, sharing screenshots of his wallet and noting that he had not yet sold.
Impact of Binance backing
ASTER launched on September 17 following the merger of Astherus and APX Finance. Backed by YZi Labs (formerly Binance Labs) and publicly supported by former Binance CEO Changpeng Zhao, Aster is being marketed as a next-generation decentralized perpetual and spot exchange.
It operates across BNB Chain, Ethereum, Solana, and Arbitrum, offering a dual-mode trading system for both beginners and professionals.
Zhao’s support and the strong social media buzz have contributed to the token’s rapid rally in recent days.
ASTER price analysis
At launch, ASTER debuted at $0.0089 before surging more than 1,300% in less than seven days to trade at $1.18 as of press time.
Meanwhile, ASTER’s market capitalization has climbed to $1.96 billion, with 24-hour trading volume reaching $998 million, a jump of nearly 111%.
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